Kenneth Corbin
Contributing WriterKenneth Corbin is a Financial Planning contributing writer in Boston and Washington. Follow him on Twitter at @kecorb.
Kenneth Corbin is a Financial Planning contributing writer in Boston and Washington. Follow him on Twitter at @kecorb.
To the ire of some advisors and trade groups, states are getting in the retirement offerings space. Lawsuits are sure to follow.
New rules would set standards of conduct for brokers, require new disclosures and offer interpretive guidance for fiduciary advisors.
A bill repealing rule moves on to House floor, while appropriators seek to block funding for the measure.
With an eye toward potential repeal, Alexander Acosta told senators that he will abide by President Trump's executive memorandum and review the rule's impact.
The legal setback for the rule's foes still leaves three ongoing court challenges, as well as an uncertain future for the regulation in Trump administration.
Enforcement actions at the SEC and FINRA highlight emphasis regulators are placing on fees and reverse churning, anti-money laundering programs and variable annuities.
Now that the sharply contested rule is the law of the land, a senior Labor Department official says the department looks to help with compliance, not find targets to sue.
Now that the sharply contested rule is the law of the land, a senior DoL official says the department looks to help with compliance, not find targets to sue.
Industry regulator levies its largest penalty involving variable annuities after claiming a long-running effort misrepresented annuity features and steered clients into costlier products.
A congressional committee attempts last-minute bid to block the plan, but President Obama would surely veto any legislation.