On April 25, 2024, the U.S. Department of Labor (the “DOL”) finalized a collection of regulatory changes in its ongoing quest to update the definition of a “fiduciary” under ERISA and Section 4975 of ...

On April 23, 2024, the U.S. Department of Labor (“DOL” or “Department”) issued a final regulatory package amending its fiduciary investment advice regulation and revising numerous existing prohibited ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Michael Logan is an experienced writer, producer, and editorial ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. GaudiLab / Getty Images A sophisticated investor is a classification of investor indicating someone who has ...

The SEC on Friday voted to reopen the comment period on a proposal that would expand the definition of "exchange" under Rule 3b-16 of the Securities Exchange Act of 1934. The proposal, unveiled in ...

The regulator considers raising the AUM threshold it uses when considering how newly proposed rules are likely to affect ...