Fiduciary Rule

“The broker-dealer world has tried to hang their hat on suitability, and if you close your eyes a little and squint, they almost look like fiduciaries — but not really,” one advisor says.

If it's not uniform, and it's not a fiduciary standard, then it is at best a modest step forward, investor advocates say.

It appears the regulator bought into the investor choice argument of sales reps right from the beginning.

New rules recognize the fact that commission-based transaction services can be the most cost effective way for Main Street investors to receive financial advice.

New rules would set standards of conduct for brokers, require new disclosures and offer interpretive guidance for fiduciary advisors.

The commission's approach stands a good chance of superseding the Labor Department's fiduciary rule.

A spike in volatility and changes in U.S. tax law are some of the reasons why the firm says clients have moved their money in the quarter.

The new fee system will impact more than 800,000 customers.

A new survey finds that investors prize full and upfront disclosures about fees and conflicts of interest, but advisors fall short.

Investors brought a class-action suit against brokerage alleging a "scheme to churn revenue from essentially dead assets."