Judge Denies Request to Halt Thrivent DOL Fiduciary Case
The court “agrees with Plaintiff that a stay is not warranted at this time,” District Court judge says.
Sen. Warren Pushes Mnuchin to Investigate Scaramucci Over Russian Talks
Warren says that Scaramucci talks dealt with potential business with head of a Russian entity subject to sanctions by Treasury.
Fed Officials See Rate Hike ‘Fairly Soon,’ Minutes Show
Fed officials expressed confidence they can raise interest rates gradually, while a hike “fairly soon” might be appropriate to avoid overheating the economy.
Dalbar’s 12 Factors to Measure When Picking Active or Passive Funds
Dalbar crunches the numbers, weighs pros and cons of the fund types over time.
How Behavioral Economics Can Help You Retire Rich
In Dan Ariely’s world, small changes can have a very big impact.
BD Must Repay Tribe $3.4M, Pay $750K FINRA Fine
An advisor that sold $190 million in nontraded REITs and BDCs has yet to resolve charges with the regulator.
AACF's Banks Joins White House as Senior Advisor on Energy, Environment
Former CIA analyst George David Banks is now special assistant to Trump and the senior director for international energy and environment.
Wells Fargo Fires Managers, Denies Bonuses in Account Probe
Bank doesn’t specify what prompted four managers’ termination; board may yet release more information, source says.
What Investment Fraud Victims Have in Common
The current economic environment is ideal for swindlers to practice their craft, AARP says.
SEC Issues No-Action Letter on Advisors’ ‘Imputed Custody’
Letter is a “significant development that should bring much-needed clarity” to advisors, said IAA’s Grossman.