Consumer confusion and disinformation surrounding the differences between Broker Dealers and Registered Investment Advisors has peaked and customers are often misled about the conflicting roles and ...

Fearing that brokers and insurance groups may convince members of the committee to support doing a study only of broker-adviser harmonization, the groups held a telephone press conference today in ...

New Jersey insurance producers—colloquially referred to as “brokers”—are heavily regulated and held to a high professional standard. In many respects, New Jersey courts hold insurance producers to the ...

Sen. Tim Johnson, D-S.D., is circulating legislative language that would delete a requirement that brokers acting as advisers be registered investment advisers. The amendment to financial services ...

A new survey of financial professionals shows surprising and almost uniform support for the Department of Labor’s Retirement Security Rule that would require insurance brokers who provide retirement ...

Are the insurance industry and its Washington, D.C., lobbyists winning the war against the Biden administration’s fiduciary rule at the expense of investors? Consumer groups and advocates who want a ...

In negotiation over Wall Street reform, Senator Tim Johnson (D., S.D.) accepted a final counter-offer from the House Thursday afternoon that would give the SEC rulemaking authority to extend the ...

The Labor Department’s new retirement-savings rule is set to take effect June 9. What happens after that is the subject of myriad questions from both consumers and wealth-management firms. While the ...