Academics encourage agencies to boost their digital exam tools now, before automated platforms get even bigger.
Broker-dealer self-regulator reports that fines increased to $173.8 million in 2016, up from $93.8 million in 2015.
Mr. Block last year pleaded not guilty to charges, including conspiracy and securities fraud, stemming from accounting at the REIT once controlled by Nicholas Schorsch.
Some believe the Connecticut law could be a springboard to reform among other states.
Agency sets 15-day deadline for input on delaying Jan. 1 applicability date and 30-day deadline for suggestions for substantive revisions.
Interest in fiduciary-related fintech previously cooled following the election of President Donald J. Trump.
Claimants asserted firm was negligent and breached its fiduciary duty.
Plaintiffs claim practice of charging plans a percentage of assets is unreasonable.
The plaintiff claims the company only offered one unaffiliated investment option during the class period, resulting in excessive fees for participants.
In separate appearances before Senate panels, the regulators stressed the cooperation that Republican legislators and opponents of the DOL fiduciary rule are demanding.
SEC chairman acknowledged that tighter budgets would require increased efficiencies to meet examination goals.
Other states could move in to plug the fiduciary gap if the DOL and SEC devise a watered-down standard.
An anti-retaliation provision in the 2010 Dodd-Frank law could insulate publicly traded companies from some whistle-blower lawsuits.
Prompted by the DOL fiduciary rule, LPL has told its hybrid advisers they can offer education and outline options, but cannot advise clients to roll over their funds into an IRA.
The organization's efforts are another signal that the fiduciary movement is picking up steam; advisers should let their opinions be known.
The SEC budget request for 2018 projects 1,044 full-time OCIE employees, down from 1,069 in fiscal 2017.
All-public arbitration panel says firm breached fiduciary duty.
Firm censured for inaccuracies and errors in OTC options reports from 2008 through this year.
He doesn't provide details, but says that he shares SEC Investor Advisory Committee's desire to help older investors know their advisers
Fidelity, Aon Hewitt and Xerox HR Solutions are currently defending against similar fiduciary-breach claims.
