Practice

Eileen Rominger, in her first appearance as the SEC's director of investment management division before a gathering of members of the mutual fund industry’s largest trade group, said that compliance with existing and forthcoming rules as well as robust regulation of these is essential to achieving and maintaining the trust and confidence of investors.

The establishment of a fiduciary standard that applies to how broker-dealers should care for their customers is not likely to come until after the one-year anniversary date of passage of the 2010 Dodd-Frank Wall Street Reform Act that required it.

PALM DESERT, Calif. -- The establishment of a fiduciary standard that applies to how broker-dealers should care for their customers is not likely to come until after the one-year anniversary date of passage of the 2010 Dodd-Frank Wall Street Reform Act that required it.

Invesco has introduced PlanForward Foundations, a set of three toolkits to help advisers grow their defined contribution business.

Advisors must be good writers. Here's a blueprint for success.

Despite all the dire warnings from financial advisers, relatives and the federal government, most Americans still aren't saving anywhere near enough money to afford the dignified retirement they all claim is so important to them and, worse, most don't even have any idea exactly how much they'll need even if they were to begin saving today for their golden years.

Investors in externally managed and sub-advised accounts could save about $1 billion a year in commissions paid to brokerage firms by their fund managers. So says UAT, a Denver-based technology firm specializing in the externally managed and subadvised industry. Incumbent commission management firms disagree.

One in six of the 145 million tax returns that the IRS expects to be filed for the 2010 tax year will include a Schedule C for self-employed filers, and many of them will no doubt be subjected to an IRS audit.

The special inspector general for Tarp will wrap up his two-year-plus tour on Wednesday, and he has nothing good to say about Treasury's implementation of the $700 billion bailout.

The Financial Industry Regulatory Authority won’t force investment advisers to meet the same rules as broker-dealers, according to FINRA’s chairman and chief executive officer Richard Ketchum.