DoL

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

Instead of harmonizing standards of client care across the industry, it may be better to re-differentiate them in light of the fiduciary rule's recent court loss.

After a federal appeals court strikes down the fiduciary rule, a legal path forward seems uncertain, but the regulation has already made its mark.

Merrill Lynch, UBS and others made considerable alterations to policies and procedures in order to be compliant with the Labor Department regulation.

Even after a federal appeals court struck down the rule, more clashes over the regulation of sales versus advice are inevitable.

Industry insiders see the agency proceeding with its rule to harmonize standards for brokers and advisors.

The Department of Labor has an incentive to defend its rule-making authority even though it is considering revisions to the regulation.

A federal court has struck down the rule and the industry’s top online advice executives are speaking out.

Focus turns to the SEC as it considers creating its own higher standard of client care.

With the SEC and Labor Department rethinking their approach to a higher standard, a court's recent ruling may not have a lasting impact.

Some are calling for the CFP Board to get tough on conflicts and compensation as it finishes revisions to its standards of conduct.

Sales dropped by 8% last year, but LIMRA finds reason for optimism in 2018.

Massachusetts regulators accuse the firm of running afoul of the impartial conduct standard by holding sales contests.

Industry leaders see an opportunity to reshape debates that determine wealth management's future.

Wells may have settled with former employee Claudia Ponce de Leon because it wanted to avoid the "massive exposure" of a jury trial, an expert says. It is unclear how the agreement will affect Wells’ other cases.

Some of the biggest changes come when industries collide.

Advisors at Fidelity, Schwab and other large discount brokerage firms make more money if they steer clients toward more expensive products.

The proliferation of smart beta and increased AUM are among the forecasts by industry experts.

The industry group is seeking restrictions on how brokers can describe their services and responsibilities.

The online tool, created by the advocacy organization and state regulators, suggests tough questions for the hiring process.