FINRA to Protect Senior Investors With 2 New Rules
FINRA says temporary holds and extra contact information are critical to preventing financial abuse.
Ric Edelman: Free Trading Will Crush Commissioned Brokers
Edelman talks to ThinkAdvisor about investing in "exponential" technologies and why commission-based brokers are doomed, regardless of the fate of the DOL fiduciary rule.
IRS Issues Excise Tax Relief Related to DOL Fiduciary Rule
The guidance syncs IRS’ enforcement of excise tax rules on prohibited transactions with DOL's temporary enforcement policy.
SEC Bars Broker for Aiding Brothers' Securities Fraud
The three “repeatedly duped at least four unsophisticated foreign investors into sending funds to various U.S. bank and brokerage accounts," the SEC states.
12 Worst Financial Advisors in America: 2016
Oh, the web those scammers weave to get a fast buck. Here are some of the dirtier dozen from 2016.
How to Achieve Financial Wellness? Use Programs Repeatedly, Run Retirement Projections
These are the key findings from Financial Finesse's 2016 Year in Review report.
Ryan Pulls Bill to Repeal Obamacare; Says Tax Reform Now in Danger
Speaker Paul Ryan House said too many Republicans were not supporting the repeal bill.
Lipper Names Top Fund Managers of 2017
A variety of groups top the overall categories, but two groups dominate in target date allocation.
Top 5 Industries With the Best 401(k) Plans
White-collar workers tend to have better plans than blue-collar ones, but there are outliers, Judy Diamond finds.
Texas BD to Pay $100K Fine, Repayments to Seniors It Fleeced in Massachusetts
In one case, a senior client in the final stage of terminal cancer had almost all of her assets put in a variable annuity.