Fiduciary standard

The marketplace may be the ultimate arbiter of the regulation, say MarketCounsel conference experts.

The firm detailed its compliance plans while acknowledging that the regulation could be changed under President-elect Trump.

There's another approach to crafting a regulation that would benefit advisers and clients, RBC Wealth Management's former CEO says.

The Republican's hostility to all things Obama sets the stage for dramatic departures on financial regulation.

After more than three-and-a-half years at the helm, Mary Jo White made incremental moves to expand advisor exams, but did not move on structural reform or implement a uniform fiduciary standard, as many advocates had hoped.

The IBD selects UBS veteran to become CEO

The commission will examine how digital advice platforms uphold fiduciary responsibilities and safeguard client data.

Signing on wholeheartedly can be an effective marketing tool with clients.

Here are key takeaways from a Department of Labor fact sheet.

Pay attention to feedback about what works and what is confusing or distracting.

Here's how the outcome of the presidential election could affect the trajectory of the Labor Department's regulation.

While a federal court allowed the organization to file a brief saying it upheld fiduciary values, it should not be providing expert opinions, writes the founder of a fiduciary consulting firm.

Mutual fund providers sought to use digital platforms as new distribution channels for their funds, but new guidance upends a strategy that would rely only on proprietary products.

That extra back-end comp "can create acute conflicts of interest," the Department of Labor says in newly provided regulatory guidance.

"We fully expect to offer a range of options to help our clients," CEO Paul Reilly said.

Unlike its rival, Morgan will keep commission-based retirement accounts under the new regulation's best interest contract exemption.

CEO Jim Cracchiolo said the firm will still offer variety on its platform, but that it needs to make sure products are "appropriate for the client."

CEO Wayne Bloom says the threat of lawsuits in the wake of the new regulation prompted the change, which could be a first among IBDs.

The former RIA and fund advisor was cited for multiple fiduciary violations in a day-trading scheme, pocketing profitable trades from a pooled account while burdening clients with the losses.