Practice

The Securities and Exchange Commission voted unanimously on Wednesday to propose limits on mutual fund distribution fees and provide more transparency for investors.

One in four financial advisors expect clients to increase charitable giving to offset anticipated tax hikes, but only 52% of advisors proactively offer charitable planning advice to their clients, according to a survey released Wednesday by the Fidelity Charitable Gift Fund.

The regulator said the company made negligent misrepresentations related to subprime securitizations.

A new survey finds a growing number of Americans harbor doubts about the government program.

RBC Wealth Management recruited Kevin Williams to serve as a senior vice president and branch director of its Richmond office.

Rising tuition fees and the uncertain state of the economy are causing more people to put their own retirement savings ahead of their children’s college education.

The Securities and Exchange Commission is considering holding five field hearings between September and January as part of a nationwide inquiry on the municipal market that is expected to lead to recommendations for statutory and regulatory changes to better protect investors.

New authority granted to the Federal Reserve by the Dodd-Frank Act embodies a significant change in the thinking about, and approach to, functional oversight.

Fewer of the wealthiest are giving more and small family foundations are giving more than required.

Not-So-Fab: Fabrice Tourre, the Goldman Sachs bond trader at the center of the government's fraud probe against the firm, denied charges that he misled investors.