Using Roth 401(k)s to ‘Supersize’ Retirement Savings: Ed Slott
Younger workers are increasingly attracted to Roth IRAs, but Roth 401(k)s allow them to save even more, IRA expert Ed Slott says.
SEC Charges Ex-NFL Player With Defrauding Former Coaches, Elderly
The player cheated seniors and coaches, donors, alumni and employees of schools out of $10 million, the SEC said.
SEC Names Snyder Co-Head of Advisor Exams
Synder joins Jane Jarcho in OCIE to help oversee more than 520 lawyers, accountants and examiners.
FINRA Floats Rule Changes on Gifts, Noncash Comp
The proposed changes "make sense" as some of the current rules, especially on business entertainment, are "too subjective," Cipperman Compliance Services says.
Fight Brews in Kansas, Texas Courts Over DOL Fiduciary Rule
A fight is brewing in Kansas and Texas courts over whether to allow advocates and opponents of the DOL's fiduciary rule to state their case.
Lobbyists Urge California Governor to Block State-Run Retirement Plan
The bill poses risks to taxpayers while failing to expand meaningful retirement savings, says ICI, a fund industry trade group.
FINRA Fines Deutsche Bank $12.5M Over Use of ‘Hoots’
Deutsche Bank Securities failed to supervise research- and trading-related info it disseminated to employees over its squawk boxes.
FINRA Reminds BDs of Arbitration Rights for Clients, Reps
The self-regulator puts firms on notice that customers and reps can't be forced to waive their FINRA arbitration rights.
White House Issues Policy Directive on Cyber Coordination
Wall Street trade groups applaud White House directive on cybersecurity as furthering coordination between government and the private sector in preventing cyberattacks.
DOL, SEC Fee Scrutiny Sparks Shift to Passive Investing
Use of passively managed funds and ETFs at indie BDs and wirehouses will continue to accelerate, says Broadridge.