While reports circulate that the $600 billion settlement that Prudential Financial reached for its part in the market-timing and late-trading mutual fund scandal might signal the end of the past three years of settlements, investors who lost money because of the activity still await payment.
That's more than $3 billion set aside, a "startling discovery," the London Times reports.
The Wall Street giant has been moving away from providing in-house retail investment advice to finding ways it can support smaller firms.
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
In the first three months of 2024, both profits and client assets reached new heights at RayJay's Private Client Group.
Last year, almost $1 trillion flooded into money market funds. Here are the 20 that have grown the biggest.
Amid a busy April for big hires, compliance tech provider COMPLY and wealthtech platform TIFIN have brought on industry vets Michael Stanton and Jeannette Kuda, respectively, aiming for strategic growth.
