Law and regulation

The strong winds of compliance are sweeping over an increasingly regulated advisory landscape. Here's what advisors need to know.

Depending on what is permissible under the Labor Department's forthcoming rule, "there will have to be adjustments on the part of the advisor and on the part of the firm," CEO Jim Cracchiolo says.

Managers are lacking in everything from entitlements, to data control, to network defense and lastly, people do not understand their risk.

Regulators have placed greater emphasis on ensuring firms better understand and manage their own liquidity risk.

The bond market, which has seen a bit of a rally in the 10-year space due to demands associated with a flight to quality, will inevitably continue to see downward pressure

Rather than just one area of focus, funds and their boards are facing an increasingly active SEC in a number of significant areas.

The lawsuit stems from the conflicting demands placed on advisors who are expected to cross-sell banking products.

Regulator’s surveillance director says watchdog would review broker-dealers who implement automated advice, to determine if they properly assessed client risk tolerance.

To protect themselves from the industry self-regulator's scrutiny of these products, firms should take these actions.

It’s challenging to afford tech upgrades and meet compliance demands at the same time. Here’s how firms are doing the best of both.

Even as independent advisors rush to comply with new laws, they are also being urged to implement innovative digital tools. Here’s how successful firms are managing to do both—cost effectively.

Joel Bruckenstein puts two applications – RIAglass and MyRIACompliance – through their paces. Can they help advisors comply with regulations?

FINRA won’t release details of an interview with a client who filed a complaint against an advisor who claimed the concerns were vague, according to attorney Alan Foxman.

Legg Mason broadened its alternative investments capabilities and also made a deal to expand its ETF business.

An imaginary look at how one very prosperous firm might approach a new set of standards.

Third Avenue Management was sued by an investor who said the firm failed to maintain adequate liquidity despite signs the fixed- income market was increasingly volatile.

The Obama administration wants to ensure its plans can withstand congressional opposition before the president leaves office, experts say.

In 2015, lower-paid plan participants contributed an average of 5.8% of their salary into their 401(k) plan, while higher-paid participants contributed an average of 6.9% of their salary to their workplace retirement plan.

CEO John Taft warns that regulatory scrutiny will increase, but adds that the long-term goal a unified fiduciary standard of care will still benefit clients and advisors.

After being burned by a now-barred advisor's $2 million Ponzi scheme, an ex-client is seeking redress from the advisor's former employer.