Regulator orders fines, disgorgement against portfolio manager, broker
Firm dumped overvalued illiquid securities on retail mutual funds, SEC alleges
CAPSA replaces 2004 guideline, consolidates risk management guidance
RBC the latest large fund manager to face fund fee suit
Measure to be in place for 2026 renewals
Younger, female, low-literacy investors are particularly vulnerable to digital tactics, study shows
The regulator also wants to toughen enforcement and see better advice given at banks
Labor Department finalizes fiduciary rule for retirement advice
Regulator aims to bolster investor protection, modernize rules
Transition to be aided by expanding fiduciary requirements