DOL Fiduciary Rule Delay Said to Come as Soon as This Week
The OMB is scheduled to meet Tuesday with AARP to discuss the proposal the DOL filed recently.
Financial Choice Act Is Coming Back; What Will It Look Like?
Hensarling's Feb. 6 memo is full of changes, but industry insiders see a tough sell in the Senate.
New York Life to Pay $3M in 401(k) Suit
The lawsuit claims New York Life kept the MainStay S&P 500 Fund in the 401(k) plan when a less expensive alternative investment was available.
DOJ Files to Halt Thrivent Case Against DOL Fiduciary Rule
Meanwhile, Judge Daniel Crabtree, in the case brought in Kansas, denied Market Synergy's motion for summary judgment.
FINRA Panel Says UBS Must Pay $9M to Puerto Rican Muni Investor
The arbitration ruling comes just one month after an $18 million ruling, with more decisions expected.
CFPB Barred, for Now, From Naming Company Under Investigation
The company offers pension advance products that allow consumers to receive a lump sum payment in exchange for future benefits.
NASAA, SEC Sign Crowdfunding Agreement as Rules Kick In
MOU allows federal and state securities regulators to monitor the effects of new rules and guard against fraud.
Citi Faces 3 FINRA Fines: Enforcement
In another enforcement action, a purported real estate investment manager settled SEC fraud charges.
How RIAs Can Promote Their Fiduciary Standard
Whether the DOL fiduciary rule gets repealed or not, clients will have questions. Here's how to get ahead of those questions.
Deadline Approaching for New York Cybersecurity Regulations
The mandate will take effect March 1 and “goes beyond even what the SEC and FINRA have put forth," says John Cunningham of Docupace.