Law and regulation

The agency is using data analytics to scrutinize broker-dealers and advisors who are recommending an increasingly complex array of products.

Attorney Alan Foxman answers readers most pressing regulatory and compliance questions, including from one advisor who ran into troubles after being given authorization by a client to make trades on their behalf.

A record turnout and reinvigorated market goals contributed to the upbeat celebrations highlighting the fund industry's best in service, leadership and innovation honorees at the 2015 NICSA/NOVA Awards.

United Capital anticipates adding $1.5 billion in assets in buying Select Financial Group and PSA Insurance & Financial Services.

The restriction prevents clients from selling at a loss and buying back the same asset within 30 days. But there are strategies advisors can employ to use the rule to their clients’ advantage.

Already gaining in popularity among advisors, low-cost annuities could receive a further boost if the Department of Labor's fiduciary proposal goes into effect.

Just as robos seek to bring lower-income, self-directed investors into the advisory realm, the administration is looking to extend the retirement safety net through no-fee, no-risk savings plan.

Advisors gasped when they heard that the proposal requires firms to have a website revealing information previously considered confidential.

Federal regulatory council indicates that it is working toward a comprehensive review of the asset management industry as the SEC pushes separate rulemakings.

The fiduciary rule would significantly change how advisors are compensated and is part of a global trend to increase investor protection, researchers say.