Regulation

Robert Tricarico worked for five firms and had 16 FINRA disclosures over 20 years.

“A new era is dawning for advisers and long-term investors of all kinds,” Mark Wiedman, global head of iShares, said in the statement.

The main objection seems that regulators just don't like the unseemly business of selling products to customers who might not want them.

Employees inflated new client assets managed from the fourth quarter of 2011 to 2012 to meet sales targets, according to the regulator.

Life insurance will become more attractive to sell in the post-fiduciary world because it is one of the few products not encumbered by the regulation.

The fund provider is the latest firm expecting more advisers and long-term investors will turn to passive investing because of the regulation.

Lawmakers from both sides of the aisle have proposed legislation in recent years to limit the central bank's authority.

The former RIA and fund advisor was cited for multiple fiduciary violations in a day-trading scheme, pocketing profitable trades from a pooled account while burdening clients with the losses.

The long-running battle by two CFPs against the board comes to an abrupt end.

After being jilted by the nation’s largest IBD, the organization breaks new ground with membership additions.