Fiduciary standard

The regulator disclosed a transformative rule change, sparking outrage among fiduciary advocates and some advisors.

But the new rules may be a boon for some fintech firms.

The rule can only be effective if the investing public accurately understands its implications, says the firms’ chief platform officer.

The new rule package will require firms to take a hard look at their compliance programs.

Concerns arose when the SEC first proposed its package of regulations. Instead of addressing these worries, the agency just codified them.

Brokers at the firm have expressed concern their employer and the CFP Board are on a collision course.

Brokerages would rather have an SEC chief appointed by a President Trump set policies than take its chances with what might happen should a Democrat win the White House in 2020.

It could be the most significant update to advisor standards of conduct in years.

With brokerage firms lining up in support of the SEC proposal, fiduciary planners aim to keep their differences from the BD channel intact.

The rule requires greater public input, an industry trade group says.

When the board's new Code and Standards take effect in October, fee-only advisors will be expected to step up their compliance operations.

As New Jersey’s regulators move forward, trade groups and executives warn of increasing compliance costs.

Without advisor buy-in, scale can't be achieved, the tech executive says.

The proposed rule will need substantial revisions before it wins the support of the commission's sole Democrat.

While seeking input on how to better nationally integrate operations, the FPA has scrapped the idea of wrapping all chapters into a single legal entity — for now.

The move suggests that the SEC’s proposed Regulation Best Interest isn’t strong enough for some.

After 30 years and a monster merger with Financial Engines, the firm is doubling down on its AUM fee structure.

Advisors need to be willing to take a financial hit for clients

Advisors and trade groups resist a patchwork of regulations, saying it would limit consumer choice and increase firms’ expenses.

Warnings from the brokerage sector as Nevada advances a uniform fiduciary rule have a familiar ring.