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Keyword: Fiduciary duty

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A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Firms breached fiduciary duties by ignoring known vulnerability, regulator alleged

Gavel and texts

Fund investors paid front-end loads, moved into fee-based accounts sooner than expected, regulators alleged

Client listening to a lawyer or advisor explaining issues

Group seeks revisions to U.S. state rule that match SEC's Reg BI reforms

Class action

Court rules no evidence of common breach, given differences among investors

Inspecting papers

Exam division details compliance priorities for year ahead

signing document

Regulator orders fines, disgorgement against portfolio manager, broker

Judge looks at papers

Firm dumped overvalued illiquid securities on retail mutual funds, SEC alleges

Hand putting Coins in glass jar with retro alarm clock for time to money saving for retirement

CAPSA replaces 2004 guideline, consolidates risk management guidance

RBC the latest large fund manager to face fund fee suit

Hand holding a light bulb

Measure to be in place for 2026 renewals