Kenneth Corbin

The head of a global standards-setting body argues that regulators overreacted to the financial crisis and says banking-style regulation is a poor fit for the asset management industry.

Labor Secretary tells skeptical lawmakers fiduciary proposal is a needed investor protection, as industry representatives contend rules would force them out of retirement segment.

SEC Commissioner Kara Stein is worried that mutual fund sector is moving beyond the reach of the regulators.

Gregory Fleming, president of Morgan Stanley Wealth Management, says advice and advisor training will always have a role in the advice sector, which also must address its diversity problem.

Experts agree that while there's no cure for elder abuse, regulators, advocates and advisors can help mitigate the losses by educating investors and training financial professionals.

Regulators at the SEC and FINRA are taking a hard look at how advisors and brokers are protecting digital systems. Here's how firms can respond.

A top lawyer for the industry regulator says it would be happy to help after a congressman calls on the agency to assume advisor exams.

"Advisors that know their clients can smell when something's up," says regulatory and compliance consultant Daniel Bernstein.

Co-sponsor of legislation to derail Labor Department's fiduciary proposal admits that the bill's greatest goal is to put political pressure on the administration.

Discussions about cognitive impairment and end-of-life issues might be difficult, but they need to happen, and could yield an upside for the advisor's practice.