The high percentage of blank responses in a section of Form ADV related to the SEC's new marketing rule could indicate that RIAs are still grappling with how to comply with the regulation, according to a new analysis from IndyFin.

Financial Services Institute CEO Dale Brown opposes the DOL decision, arguing the rule offers 'much-needed certainty' for advisors who opted to be independent contractors.

Alliance Global Investors will forfeit $463 million and pay $3.2 billion in restitution to victims of the fraud as well as a $2.3 billion penalty.

The truth and the dangerous lies.

Asset managers and many advisors are waving red flags around FINRA's proposal to craft new rules for "complex products," which could make it harder to invest in leveraged funds. But one group representing investors has a different take.

Retail investors and private funds alike have flocked leveraged and inverse funds amid market turmoil.

The decline in the regulatory authority’s operating revenues is expected to be offset by previously announced fee increases on member firms.

Nearly 15% of advisory firms are in the dark about how to comply with this regulation.