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.
MainStay Taps ETF Veteran Bossen to Lead Institutional Intermediary Business
Bossen, formerly of State Street and Morgan Stanley, will focus on investment strategy, research analysts
Ex-SEC Whistleblower Chief McKessy Lands at Law Firm Phillips & Cohen
McKessy becomes a partner in the whistleblower law firm's Washington office.
The Rise of Factor-Based Investing, aka Smart Beta, Finds Favor
As the launching of strategic beta ETFs reaches a record pace, Morningstar's conference explores the increasing popularity of factor investing among advisors and their clients.
‘Too Many Wildcards’ to Call Clinton, Trump Election: Valliere
Greg Valliere sees “beginnings of serious dialogue on tax reform” as well as infrastructure issues in the new Congress.
Alarm Raised Over Treasury Push to Close Estate Tax ‘Loophole’
Law firms and wealth managers are warning clients that a “significant” estate planning technique could be lost.
Third-Party Advisor Exam Rule May Come Before Election: Ex-SEC Official
Enhanced liquidity risk measures for mutual funds may also be in the offing, former SEC Investment Management head Norm Champ says.
Texas Judge Denies All but 2 Briefs in DOL Fiduciary Hearing
The two briefs don't repeat arguments made by either party in the case, the judge said; six briefs were rejected.
SEC Overstepped Authority in Retroactive Civil Fine Hike: Lawyers
SEC overstepped its authority by embracing a retroactive civil monetary penalty fee hike that could spark lawsuits, securities attorneys warn.
SEC Doles Out $22M Whistleblower Award
The SEC has awarded more than $22 million to a whistleblower whose detailed tip and extensive assistance helped the agency halt a well-hidden fraud.