Legal

Auditors says a better vetting system could result in the recovery of $264 million in claims over five years.

Smaller brokers that dont use clearing firms will have more flexibility to send trade and commission data directly or to use a service bureau.

The DOLs Advisory Council on Employee Welfare and Pension Benefit Plans will host a symposium exploring key trends affecting sponsor liability and the massive movements of cash from employer-sponsored programs to individual accounts.

Questions are raised about opacity, risk and the often enormous fees guaranteed to fund managers no matter how they perform.

As the cost of assisted living facilities and nursing homes keeps rising, the option of bringing long-term care services into the home keeps getting more attractive.

A study by law firm Sutherland Asbill & Brennan suggests advisors may not want to immediately settle when regulators bring charges.