Insurance executives back measure making it easier to add lifetime income features to workplace savings plans.
Wesley Kyle Perkins and Priscilla Gilmore Perkins, husband and wife owners of World Tree Financial, allegedly benefited themselves by handpicking the most profitable trades.
Ernest J. Romer III allegedly defrauded at least 30 of his clients, including elderly retirees and unsophisticated advisers.
Providing investment advice as a fiduciary goes beyond disclosure of conflicts of interest.
SEC issues cease-and-desist order; Kansas-based RIA and Peter A. Mallouk required to pay civil penalties.
Universal life insurance lawsuits may cause you to rethink your policy.
One measure would scrap the "stretch IRA," which has helped financial advisers preserve retirement wealth passed on to heirs.
Disclosing behavioral biases is voluntary, but no less important than making the required disclosures.
With calls for significant revisions by commissioners and investor advocates, it's hard to predict when the reform package might cross the finish line.
Jay Clayton aims to clear up investor confusion by drawing a distinction between brokers and advisers in the agency's proposed package of revised standards. But where do dual registrants fit?
Fixed annuities are positioned for a record year, with fixed-rate deferred and indexed annuities driving the growth.
Pennsylvania advisory firm invested client funds in expensive share classes when less costly ones were available.
Insurance groups say the measure, which now heads to the full chamber for a vote, doesn't go far enough.
Tamara Steele and her firm didn't disclose the $2.5 million in commissions she earned for selling shares of a company that was later charged with fraud, SEC claims.
Rules adopted by 41 states have held down rate increases on newer policies, but some advisers remain skeptical of traditional LTC insurance.
Jeffery Joseph Kelly was sanctioned for not providing documents to Finra during its investigation.
Rep. Maxine Waters, the top panel Democrat, opposes relaxing oversight.
In letter to SEC chairman Jay Clayton, lawmakers say agency's proposal is weaker than standard Congress laid out in Dodd-Frank.
Luke A. Eddy was suspended for three months and fined $5,000
American Securities Association will represent sector before Congress, regulators
