Legal

The Department of Labors proposed conflict of interest rule is not the appropriate way to create a uniform standard of care for advisors to retirement investors, according to Robert Ketchum, CEO of the Financial Industry Regulatory Authority.

The IRS was hacked, Anthem was hacked, even little old Beacon Health System was recently hacked. What was taken in these data breaches?

Its just business as usual for those who have been paying attention to their fiduciary duty all along.

Identity thieves, using the IRS website to gain access to information on 104,000 taxpayers, filed fake tax returns and collected as much as $50 million in refunds.

The White House announced the nomination W. Thomas Reeder Jr. as director of the Pension Benefit Guaranty Corp. last week.

RIAs advising 401(k) plans that dont have broker-dealer affiliations or revenue relationships with proprietary investment products will likely feel little impact from the Department of Labors proposed fiduciary rule.