Compliance

Proponents of internal crossing say it can reduce costs, while detractors say it's riddled with potential conflicts of interest.

Regulator comes down hard on compliance failures; additional $6.3 million must be paid back to investors.

"There are ways to potentially be cute with it. You could potentially cut out retirement business from the back-end bonuses," says an ex-Merrill Lynch executive who works in the independent space. "Cute doesn't usually work when it comes to regulators."

The Justice Department and SEC have been cracking down on hedge funds' use of firms that are paid to offer insights on Washington policy that could move stock prices.

The early decision stops advisers from earning commissions on products that will also generate fees through the firm's Investment Advisory Program.

A planner tells compliance expert Alan J. Foxman that he's concerned a court-appointed guardian is not acting in an aging client's best interests.

New guidance from the Department of Labor provides conditions under which firms can offer bonuses and other compensation incentives.

Some managers have been quick to respond with new robo platforms and recalibrated offerings for fiduciary advice.

Mirae Asset Global Investments said it is building its cash position in one of its Asia bond funds during the U.S. presidential campaign.

The decision is effective immediately and was made within hours of the Department of Labor issuing new regulatory guidance on the fiduciary rule's implications.