FIRA has censured Voya Financial Advisors for steering clients to pay higher fees than they were actually required to pay.
Heath P. Tarbert will be nominated to serve as commissioner and chairman of the Commodity Futures Trading Commission.
Calls for more transparency could produce new regulations for proxy advisory firms.
The new DOL proposed rule on open multiple employer plans is a step in the right direction, but more work is needed, sources say.
In addition to a best-interest standard, the SEC is exploring other difficult issues in the world of financial services.
Voya Financial Advisors will pay $1 million to settle claims it violated two rules designed to protect confidential customer information.
As cryptocurrencies continue to grow, investors favor increased regulation, but what that regulation might look like remains to be seen.