The new offerings could boost returns to investors by 50 basis points, according to a Morningstar study.

How do smaller firm avoid paying six-digit fines for administrative shortcomings?

The settlement is the third major regulatory payment the BD has incurred in the past year. A branch manager associated with the Jay Peak case has also left the firm.

Motif’s Hardip Walia discusses attitudes of investors and the inadequacies with contemporary environmental, social and corporate governance investing.

He cited an IMF report that suggests growth is impaired by slow business investment and an aging population with reduced demand for consumption.

Futures closed at the highest in six weeks after Saudi Arabia was said to likely support prolonging output reductions.

The adviser allowed her disabled sister to die of untreated bedsores, according to the D.A. It’s the first known such case involving a CFP, says the CFP Board.

The firm won a rejection of her $1 million claim, promissory note damages, legal fees and interest.

In bond and stock markets, managers had been shorting volatility to generate additional yield, such as by selling out-of-the-money put and call options.

The firm previously told some customers they would be transferred from their advisers to a self-managed system, but then backtracked and said it's holding off on the changes.

The regulator now has punished just one known person associated with the bank's admitted nationwide fiduciary violation: the RIA who flagged abuses.

Even though the rule has been delayed, the issues raised by it still need to be addressed by advisers, according to industry insiders.

Investor anxiety has mounted amid discord between the Trump administration and Russia over Syria and festering U.S.-North Korea pressures.

The rep was suspended for 15 months and fined $15,000 for engaging in the purported scheme and accepting a $50,000 cash gift from a customer, FINRA claimed.

Strategists cite inflation under-pricing in the U.S. economy, waning foreign demand and the Fed's bid to tighten its monetary stance faster than expected.

CEO Jon Stein bemoaned the rule's 60-day delay and mulled what would happen if it was repealed entirely.

Top eMoney executives said investments it has made to comply with the Labor Department’s fiduciary regulation will likely stick regardless of its fate.

There are private moments in any office — including personal conversations, gripes about bosses and political discourse — that simply do not need to be recorded.

Payment of back wages is ordered as well as reinstatement. A second reinstatement may also be in the works, Financial Planning has learned.

Prospects for an outright shrinkage of the central bank’s roughly $4.5 trillion ledger didn’t discourage markets one bit — at least on Wednesday.