In looking at the current state of affairs, Woodward quoted Senator Barry Goldwater, who in his 1960 book The Conscience of a Conservative lamented that the federal government was then "the largest lender, debtor, owner, and manager" in the United States. Nearly 50 years later, Woodward joked only half in jest, "you might well think that the federal government is the only lender, debtor, owner, and manager," but he cautioned against making too broad comparisons between the current recession and the Great Depression, recalling that during the 1930s, the government itself "hired 60% of the unemployed" through government programs like the Works Progress Administration.
Access complimentary resources from Cambridge Investments to help navigate the fiduciary rule changes.
If you’re thinking of changing broker-dealers, you owe it to yourself to read this article that covers all major aspects of the transition process.
This White Paper outlines the immediate actions firms can take to correct outdated and costly supervision procedures.
Sep 20, 2016
This webcast will review the key aspects of the amendments and the steps that funds and intermediaries can take in order to comply with the...
Sep 13, 2016
Nationwide is providing a deeper look into the rule’s implications and a discussion of decisions firms will need to make in order to comply.
Aug 24, 2016
Many affected firms and individuals are well-versed in the complexities of the new rule but still have detailed questions. Others are still familiarizing themselves with...