Exchange-traded funds (ETFs) have gained an increasing foothold in the wealth-management investment universe, with ETF assets under management currently about half the assets under management of mutual funds. As the ETF...more
The US Securities and Exchange Commission’s (SEC’s) Division of Examinations released its annual report of examination priorities on October 21, 2024 (the Exam Priorities). The annual Exam Priorities report, which is designed...more
11/1/2024
/ Broker-Dealer ,
Disclosure Requirements ,
Fiduciary Duty ,
Financial Industry Regulatory Authority (FINRA) ,
Form CRS ,
Investment Adviser ,
Regulation Best Interest ,
Retail Investors ,
SEC Examination Priorities ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Standard of Conduct
The fund manager was victorious in the first court decision to come from a group of complaints filed over the last several years against manager-of-manager models.
Introduction -
Following a 25-day bench trial, the...more
9/13/2016
/ Appeals ,
AXA Equitable Life ,
Damages ,
Excessive Fees ,
Fiduciary Duty ,
Fund Managers ,
Investment Company Act of 1940 ,
Investors ,
Mutual Funds ,
Section 36(b) ,
Securities and Exchange Commission (SEC) ,
Shareholders
OCIE recently published a Risk Alert announcing that it will examine the potential conflict of interest created by registered investment advisers being financially incentivized to recommend certain share classes to clients....more
7/25/2016
/ 529 Plans ,
Compensation Agreements ,
Conflicts of Interest ,
Disclosure Requirements ,
Enforcement Actions ,
Fiduciary Duty ,
Financial Industry Regulatory Authority (FINRA) ,
Investment Advisers Act of 1940 ,
OCIE ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC) ,
Share Classes