Tag: conflict of interest

William Birdthistle, the Securities and Exchange Commission’s current director of investment management, told an IAA conference the SEC will continue...

Artificial intelligence still presents unique systemic and compliance risks that are not easily disclosed, he argued.

Many industry leaders in retirement planning have called for a full or partial withdrawal of the proposal.

Critics say the proposal recommended to states goes beyond the SEC’s Reg BI and endangers annuity products and educational materials.

The proposal will likely address compensation structures and IRA rollovers, though no draft is available yet.

Nobody in the investment advice industry seems to, and few and far between appear to elsewhere.

The feedback period for the SEC proposal on artificial intelligence and conflicts of interest closed today, and the feedback has...

The infrastructure fund allegedly did not disclose conflicts of interest and took actions without regard for their impact on investors.

The rule is expected to broaden when investment advice is considered fiduciary advice under ERISA.

The brokerage and investment bank was expelled for misrepresenting its fee structure, churning accounts and failing to properly supervise and...

The SEC issued a warning after finding issues, including advisers not properly disclosing conflicts of interest or maintaining written policies.

The proposal seeks to implement a provision in the Dodd-Frank financial reform law and would prevent asset-backed security issuers from...

Brokers who were happy to see a federal-level uniform fiduciary rule rejected by an appeals court last year may now be rethinking their stance as a patchwork of...

If an adviser reduced their fee due to the receipt of 12b-1 fees, the SEC might not ask for any disgorgement; for instance, the SEC says, if an...