The framework targets so-called plain vanilla funds, yet leaves in place a more laborious path for firms wishing to list complex products.

Six fiduciary groups call on advisors press SEC to clarify the differences between advisory and brokerage business models.

Former San Diego Chargers guard Kris Dielman says the independent broker dealer failed to supervise his former advisor.

A FINRA arbitration claim followed an asset freeze and the launch of a federal investigation into the fired advisor’s RIA.

The banker was accused of directing a scheme that tacked hidden fees onto billions of dollars’ worth of trades by sovereign funds and other investors.

Salary-reduction arrangements can exclude up to $520 each month from a client’s taxable income to cover these expenses.

Can an RIA take the first bite of the apple when it comes to a dually registered rep’s brokerage commissions?

Technology advancements aside, navigating the new regulatory requirements still takes work.

The firm arranged to make transactions differently on the days that it was required to calculate its reserve deposits, the regulator says.

While the demise of the Department of Labor’s regulation will hurt investors, it makes fiduciary advisors even more relevant.

Lawmakers praise the spirit of the rule, but want to see a true uniform fiduciary standard.

Issuers want the regulator to go further and make it easier for managers to choose the securities they add or subtract when they issue and redeem shares.

Her fresh criticism comes after FINRA barred her former Morgan Stanley branch manager this week.

The court said the in-house SEC judge who handled Raymond Lucia’s case was a constitutional "officer," meaning he should have been directly appointed by the SEC.

The firm agreed to settle and admitted wrongdoing, according to the regulator.

Prosecutors are presenting evidence of his training in securities markets to show that he'd likely know the information was purloined.

Some of the proceeds went to commission a song with the lyrics: “Pop champagne in L.A., New York to Florida; buy another bottle just to spray it all over ya,” says the SEC.

The client, who was the co-founder of the HSN, suffered from dementia and was declared legally incompetent, according to a FINRA letter of acceptance, waiver and consent.

Disparate voices in the fiduciary debate agree that Form CRS might be too dense and complex to achieve meaningful disclosure.

One option for the higher earning spouse is to use an IRA as payment.