A true fiduciary could charge assets under management (AUM) fees and use mutual funds that don’t charge a commission, but they can’t sell a mutual fund as a product, says certified financial ...

On February 28, Todd Solomon and Maureen O’Brien presented a Strafford live webinar, “Private Equity Compliance With ERISA: Navigating Manager Fiduciary Duties for Funds Holding ERISA Plan ...

Exchange-traded funds and actively managed mutual funds are competing to see which can gain the most business as the result of the recently passed fiduciary rule. The U.S. Labor Department rule ...

The Committee issued the grades after examining “4,814 non-branded ESG funds” to see the results of proxy votes cast on “50 of the most extreme ESG-oriented shareholder proposals from 2022.” ...

Wilmington Trust to pay $1.3M over fiduciary duty lapses. 2023-10-11T17:55:00Z By Jeff Dale. Wilmington Trust Investment Management agreed to pay more than $1.3 million to settle charges by the ...

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties and negligence by The Vanguard Group, Inc ...

New mutual-fund share classes meant to help financial advisers comply with the fiduciary rule will move forward at some fund firms regardless of the outcome of the Labor Department’s review of ...

ORLANDO, Fla.--(BUSINESS WIRE)--The Centre for Fiduciary Excellence (CEFEX), an Fi360 ® company, announced today that it has certified the investment fiduciary practices of Riptide Software, Inc ...

In a new attack against ESG investing, three New York City pension funds were sued for allegedly breaching their fiduciary duty by selling billions of dollars of fossil-fuel assets.