SEC Commissioner Hester Peirce has picked up the mantle carried by former SEC Commissioner Dan Gallagher in openly supporting compliance staff (IA Watch, June 16, ...
At 67 years of age – and after 35 years in the business – John Schmidt is going out of the industry wrapped in infamy. ...
Fidelity is being asked by next week to supply answers to Massachusetts officials about fees it obtains from mutual funds. This development follows news of ...
Federal court in Boston will be the sparring ground over questions of whether Fidelity has violated ERISA by charging a secret fee to allow mutual ...
With a March end deadline, much uncertainty exists about the aftermath of Brexit on financial services. U.S. and UK regulators have taken steps to reduce ...
A more complete look – at a year’s worth of Form ADV data – paints a clearer picture of the advisory industry. For instance, in ...
It’s a sign of the industry’s ongoing struggle over the B-D commissions-based model vs. the fee-based IA approach that a 40-month jail term for a ...
One takeaway from those 13 advisers that settled with the SEC for failing for years to file Form PFs is to be careful in choosing ...
It took awhile but the federal agencies united in the Volcker rule finally have published their proposed changes. The Feb. 8th Federal Register reveals the ...
Maryland-based adviser Dawn Bennett once paid $1.4 million for a luxury suite at AT&T Stadium, a perch from which she watched the Dallas Cowboys play. ...