A DOL Fiduciary Rule Compliance Checklist
Here’s a pithy, practical six-point checklist to help advisors of all stripes comply with the DOL rule.
DOL Fiduciary Rule Heads to Court, and Here’s What to Expect
Here’s a snapshot of the action unfolding Thursday, when a judge takes up NAFA’s request for a preliminary injunction against the rule.
SEC Smacks 71 Municipal Issuers for Muni Bond Violations
The issuers sold muni bonds using offering documents that contained materially false statements or omissions about their compliance with continuing disclosure obligations.
6 Ways Advisors Can Protect Against 401(k) Lawsuits
MarketCounsel CEO Brian Hamburger talks about how advisors can limit liability as the lawsuits against 401(k) and 403(b) plans proliferate.
LPL 'Has Heard' Advisors on Need to Boost Service, Says President Arnold
The IBD outlines progress it has made and rollouts to come at annual conference.
4 Apollo Advisors to Pay SEC $52M Over Failure to Disclose Fees, Conflicts
Four private equity fund advisors affiliated with Apollo Global Management misled investors and failed to supervise a senior partner's charges to the funds, SEC said.
3 IRA Transactions Exempt From DOL Fiduciary Level Fee Rule
There are three recommendations that are fiduciary in nature and automatically result in prohibited transactions under DOL's fiduciary rule, and they all involve IRAs.
Law Firms Risked It All on 401(k) Fee Suits, and It’s Paying Off
Despite some major recoveries in class actions over excessive 401(k) fees, few lawyers are willing to litigate these cases.
‘Messy’ Times Are Behind LPL, CEO Casady Says
"We have rounded a corner through our heavy investments," LPL CEO Mark Casady tells some 3,500 registered reps at the IBD's conference.
FINRA Issues Q&A on Recruiting Practices
Q&A guidance covers such areas as the format of the educational communication, “individualized contact,” delivery requirements and who qualifies as a former customer.