Regulation Best Interest

Following through on its staged approach to new advice standard, industry regulator expected to be less patient with the "laggards."

In the new Form CRS, firms must justify whether they place client assets in advisory or broker accounts.

Consumer advocates are calling for Gary Gensler to toss out Reg BI as wealth managers aim to keep the prior administration’s rule in place.

SEC cases that go beyond faulting firms for their failure to disclose conflicts of interest have drawn pushback from the industry.

The regulation permits more exemptions from fiduciary duties, but may itself be replaced by the incoming Biden administration.

Planners and experts dive into wirehouse pay, charging clients at a higher rate, emerging business models and other key issues.

Existing regulations that protect investors and deliver clarity to the industry must be preserved by the incoming administration, writes Financial Services Institute CEO Dale Brown.

While FINRA rules spell out what brokers generally need to determine a client's financial situtation, there can be gray areas, an expert says.

Democrat Joe Biden is expected to name his SEC chairman pick in the coming weeks.

With a new administration, the regulator has an opportunity to renew its focus on a key pillar of its mission.

Big changes to regulations and retirement planning could be in the mix following the Democrat’s election victory.

What different outcomes could mean for financial planners and their clients.

Unclear — or no — disclosures were among a number of concerns regulatory officials expressed about initial examinations.

Insiders see a Democratic administration backing tightened investor protections as industry advocates look to tax legislation.

Actions hit a nine-year high and restitution climbed to the highest total since 2013 — even before the rule’s heightened scrutiny.

The department faced scathing criticism for hours from insurers and consumer advocates alike.

Lower transaction costs can often come with higher expense ratios at the nation’s largest IBD.

The party’s draft party platform criticizes lax standards implemented by the Trump administration, and vows to strengthen Social Security.

In a sign of long term changes and pivotal questions for the industry, the difference between the amount of fees and commissions in the sector has nearly doubled.

The Labor Department’s short comment period is one reason to get up to speed, fast.