Federal Judge Allows Lawsuit Against Bank of America Over 401(k) Vesting Practice
Federal judge permits lawsuit alleging Bank of America's 401(k) forfeiture policy breaches federal vesting laws, spotlighting retirement plan compliance.
DOL Proposes Rescinding Regulatory Safe Harbor for Retirement Annuities
The Department of Labor proposes rescinding a regulatory safe harbor for annuity selection in retirement plans, raising fiduciary concerns and market impact ahead of SECURE 2.0 implementation.
Advisor Jeffrey Cutter Appeals SEC Case Ruling on Insurance Commission Disclosures
Jeffrey Cutter appeals SEC ruling on insurance commission disclosure, challenging regulatory requirements under the Investment Advisers Act and McCarran-Ferguson Act limitations.
Massachusetts Jury Finds Mixed Violations in Annuity Sales Case Against Advisor
Massachusetts jury delivers mixed verdict in SEC case against Jeffrey Cutter for annuity sales violations under the Investment Advisers Act. Highlights fiduciary duty and disclosure compliance issues.