Regulation Best Interest

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.

The announcement was welcomed by Wall Street lobbying groups, some of whom sued to vacate the Obama-era regulation.

Michael Kitces, co-founder of XY Planning Network, says the group is mulling its options after a federal court struck down the organization’s lawsuit against the SEC rule.

As the industry pushed to comply with the fiduciary rule, new issues emerged.

A Democratic-led SEC could revisit Reg BI, advocacy groups and industry observers say.

Firms are spending millions to comply with a controversial rule that is facing a legal challenge while state regulators push their own stringent regulations.

XY Planning Network and coalition of states are asking court to overturn advice regulation they say holds brokers to lesser standard.

Financial advisors choose technology the way cyclists pick out their rides, Riskalyze Managing Director for Enterprise Services Dana Rhodes explains in a Financial Planning podcast.

The firm detailed its strategy for complying with the SEC’s regulation ahead of its June 30 enforcement date.

Despite coronavirus, exams on new regulatory package are going to start, the commission says in new risk alerts.

To hear some regulators tell it, “commission” is code for churning — but the fee-based vogue gives rise to reverse charges, writes Mark Elzweig.