Regulation

Ben Meng’s downfall raises questions about who would succeed him in a job that attracts so much unwelcome attention, not to mention navigate a pandemic.

Industry groups warn of creeping fiduciary obligations, while consumer advocates see it as a setback for investor protections

The number of advisors registering with FINRA has fallen since 2016, as more planners elect a fee-only model.

Amid coronavirus-imposed lockdowns, the firm will retool and retrain approximately 3,000 young advisors.

If planners can navigate data security and compliance concerns, the app can connect them with a huge new audience.

Hilltop was fined a total of $475,000, with $100,000 pertaining to violations of municipal securities rules.

The firm allegedly didn't disclose its parent company paid a teacher union entity $10,000 a month “for its exclusive endorsement” as its preferred financial services partner, according to the regulator.

If approved, the firm would be able to issue its own ETFs, although they haven’t registered any individual funds yet.

The party’s draft party platform criticizes lax standards implemented by the Trump administration, and vows to strengthen Social Security.

The current proposal “would lead to worse outcomes for plan participants as plan sponsors shied away from assessing ESG risks in selecting investments,” the research firm says.