Mutual funds

The regulator is going back to some of the firms that voluntarily settled, requesting information on revenue sharing.

The drop in wealth was equivalent to the GDP of Italy.

Despite the weakest one-year performance, these funds had double-digit annualized returns the past three years.

Outperformance has been driven in part by a push among investors to cut their tax bills after new limits were set on state and local deductions.

Evidence-based portfolios have been a bust over the last decade, and they may become a tough sell for the average investor.

Home to more than $249 billion, these funds have expense ratios more than 20 basis points higher than the industry average.

The RIA divisions of Raymond James and RBC are also among the companies that self-reported.

The new product is expected to be the lowest-cost in the category.

The average expense ratio among the poorest performers was 11 basis points lower than the category’s leaders.

The Labor Department is investigating the firm’s fee disclosures, which are also a focus of a lawsuit filed by an investor in T-Mobile USA's 401(k) plan.