SEC

Expected new chief for financial products is fueling speculation for more innovative funds.

The advisors collected $1.7 million by fraudulently pushing variable annuities, investigators say.

A new industry snapshot highlights record firm count and AUM, while continuing steep client growth fueled in considerable part by the rise of robos.

The Labor Department is receiving a deluge of feedback from advisers and investors on whether to revise its controversial regulation.

The $814 billion Beijing-based investment firm has more than a third of its portfolio in alternative assets.

Only about 5% still charge them, according to a Financial Planning study.

Regulators are contacting the bank after financial details of some 50,000 clients were inadvertently sent to an outside party, according to a person with knowledge of the matter.

A bill repealing rule moves on to House floor, while appropriators seek to block funding for the measure.

The agency plans to split the award between just two people who reported the bank’s product-pushing tactics.

A new bill would go further than past attempts to block the Labor Department altogether.