The SEC initiative seeks to raise standards and let investors understand the motivations of their adviser, without limiting choice.
Chairman Jay Clayton says proposal would increase investors' access to research.
Complaint alleges the firm's policies limit African-Americans' 'income and advancement opportunities'
Observers say it's difficult to determine if this is a harbinger of the outcome in the roughly 20 outstanding lawsuits.
SEC commissioner says the Department of Labor rule set up an 'unworkable, impossible set of standards for people to comply with.'
New owners plan more growth for the software service provider.
Top regulator says the relationship model is different with a broker or investment adviser, but both must put clients' interests ahead of their own.
Thomas W. Lee claimed Barclays shortchanged him after he guided sale of advisory unit to Stifel Financial Corp.
Agency says Tibor Klein used 'material, non-public information'
However, it likely won't bar employees from filing 401(k) lawsuits against their employers.
Director Brett Redfearn clarifies how the SEC defines 'best interest' and how it will determine whether a broker is in compliance.
Fuad Habba deposited checks drawn on closed accounts.
The three-judge panel split again, 2-1, in deciding not to take another look at the motion to intervene by California, New York and Oregon.
Allan Holeman failed to disclose three IRS liens totaling $157,000.
Variable annuity sales were down again, however.
Shifting business structure, changing filing status and spinning off equipment are examples of ways business owners can take advantage of the deduction.
Finra says broker Francis Mitchell and Coastal Equities owe each other money.
NASAA announces series of investigations, enforcement actions in U.S. and Canada targeting shady initial coin offerings and cryptocurrency products.
CEO Robert Cook says one area for examination could be the proposed requirement that brokers act in the best interests of their clients.
Agency strikes a balance between punishment and deterrence.
