Fiduciary standard

With clients anxious after all the negative ads, advisers have some explaining to do.

With clients anxious after all the negative ads, advisers have some explaining to do.

The SEC found that auditing or testing would likely have revealed deficiencies in controls that allowed an employee access to client information at the wirehouse, says leading compliance expert Alan Foxman.

"I expect a seismic change as product manufacturers will have to adapt to the new rule," says NextCapital's Rob Forreger.

Some advisers may think the regulations won’t affect them. Here’s why they’re wrong.

Worthy ideas debated on the fiduciary rule, retirement prep and annuities.

“There are so many business models offering financial advice, it’s almost impossible for a layperson to distinguish between advice and sales,” a panelist says.

The group aims to provide planners with new technology focused on helping a firm become compliant, but it may cost them.

The nontraded REIT industry moved to introduce a new share class following tighter regulations.

The new regulations are “arbitrary and capricious," a trade organization asserts.