State securities regulators are being pulled in different directions on their proposal to help harmed investors obtain award payments when they win arbitration cases. Generally, the financial industry wants to narrow the measure, while investor advocates want to expand it. ...

Every investor has their own catalyst for engaging with the markets and starting to think about their long-term financial plans, whether it’s enrolling in their first 401(k), receiving stock options in a compensation package or just striking up a financial ...

The House Ways and Means Committee approved legislation last week requiring small businesses to provide retirement plans for employees, but lobbyist groups say the measure could steer potential clients away from the advice industry. The national auto-IRA legislation requires businesses ...

The Financial Services Institute has long believed in the power of diversity and inclusion, and the events of the past 18 months — including historic protests that sparked a renewed national dialogue on issues of social justice — have reemphasized ...

When a mob stormed the U.S. Capitol on Jan. 6, it was the strongest attack on the seat of U.S. democracy since British troops set fire to the building in 1814. That searing moment continues to smolder in Washington, D.C. ...

Opponents of the Protecting the Right to Organize Act, a unionization bill that could threaten independent financial advisers, feel good about defeating it, but they’re worried emerging legislation could also jeopardize independent contractors in the financial industry. Trade associations representing ...

Trade associations representing financial advisers are stepping up their campaign to defeat a bill that could force independent broker-dealers, financial advisers and insurance sales professionals to become employees of the financial firms with which they’re affiliated. Prior to a Senate ...

For decades, independent financial advisers — not to mention their clients and employees — have lived with a cloud of ambiguity over their heads due to a lack of clear, federal-level protections for their independent contractor status. Now, by withdrawing ...