FPA Selects Paré as 2017 President-Elect
Paré, whose term will begin on Jan. 1, will succeed incoming 2017 FPA President Shannon J. Pike.
Bill to Replace Dodd-Frank Passes House Panel
Democrats charge that Rep. Jeb Hensarling’s Financial CHOICE Act would hurt investors by dismantling the CFPB.
ETFs Will Be in DOL’s Crosshairs
The proliferation and variety of ETFs mean “that there’s potential for bad apples worth investigating,” Morningstar’s Michael Wong said.
SEC to Sweep Advisors Who Hire Those With Disciplinary History
Such individuals “may present an increased risk of future misconduct, and thus can present harm to clients,” SEC says.
SEC Snags Raymond James, Baird for Wrap Fee Violations
The two firms were fined by the SEC for failing to disclose trade-away commissions
Morningstar to Launch Analyst Ratings for ETFs
The Chicago-based fund research firm is also 'collapsing' open-end funds, ETFs into the star rating.
RIAs’ Use of ETFs Continues to Climb: Schwab Study
Nearly 48% of RIAs say ETFs will be the "dominant investment" type in the portfolios they manage, Schwab survey found.
Fidelity Launches Suite of Factor-Based ETFs
Six new factor-based ETFs to begin trading on the New York Stock Exchange on or about Sept. 15.
SEC Names ten Siethoff to Investment Management Rulemaking Office
SEC has named Sarah ten Siethoff as deputy associate director in the Division of Investment Management’s Rulemaking Office.
Morningstar Names Kapoor as CEO, and DOL Fiduciary Rule Is on His Mind
Morningstar’s board of directors appointed Kunal Kapoor, the current president of the Chicago-based research firm, as its new CEO.