Even so, 72% of industry assets remain in commission-based accounts.
A Finra proposal to require brokers to tell customers about bonuses and other compensation incentives they receive to join another firm drew sharp reactions after it was announced last week.
Other priorities next year will include hiring more examiners to police advisors, JOBS Act
rulemaking on Reg D, crowdfunding.
Finding the right financial planner can be a confusing process. To simplify the search, the SEC has released a new bulletin that contains tips for finding one.
Agency files record number of cases in fiscal 2012; more of the same coming.
An investor website is promising to give clients their first clear look under the hood of their brokerage accounts to see whether they are getting a good deal for the prices that they pay.
Hedgies back to out-earning mutual fund counterparts by a ton. Life remains good for hedge fund managers.
Regulator backtracks from earlier, broader rule interpretation.
What is an advisor’s true fiduciary duty?
The Certified Financial Planner Board of Standards has written a letter to the Consumer Financial Protection Bureau urging the recently established agency to create a ratings system for financial certifications and designations.