Person Root Tag

Advocates call for the commission to address investor confusion.

Chairman Jay Clayton and OCIE's director provided advisors with hints on the regulator’s methods.

Attorneys are preparing written objections to the settlement, which they may file in the next 15 to 30 days.

Giving securities that have appreciated in value allows investors to claim a deduction and avoid capital gains taxes if they opt to sell the shares.

As prospects for the best interest contract exemption fade, the Labor Department is pursuing a "streamlined" exemption for conflict-free mutual fund shares.

David Bahnsen told the president that that Milken’s prosecution was a result of “a period of class envy run amok.”

The real concern is not just that actively managed funds could disappear but that the entire market could be left for dead.

As fee cuts have become key to winning flows, managers turn to cheaper indexers, while some build in-house benchmarking teams.

It’s tempting to skip that weekly gathering, but advisory firms may be losing efficiencies if they let them slide, Michael Kitces writes.