Foundations Adjusting to Lower Returns, for Now
Private and community foundations are holding spending steady amid lower returns, but can they live with middling investment performance in the long run?
Will Smith’s 8 Life Lessons for Advisors
The movie star told LPL Financial reps how he became and remains a global superstar.
Yellen Raises Odds of a Rate Hike as Early as September
The Fed chair told the annual gathering in Jackson Hole that the "case for an increase in fed funds has strengthened in recent months."
SEC Increases Amount of Data Advisors Must Include on Form ADV
SEC adopted final amendments Thursday requiring advisors to disclose more information on Forms ADV about their use of SMAs, branch office operations and social media.
MSCI Change Will Boost REITs’ Visibility
The long-awaited reclassification of real estate as a separate investment sector from finance occurs at an especially fortuitous time for REITs.
FINRA Enforcement: RBC Fined Over Arb Agreement
In another action, Oppenheimer & Co. was censured and fined for inaccurately reporting, or failing to report, short positions.
Insurers to ‘Have Their Butts Sued Off’ Under DOL Fiduciary Rule: NAFA Lawyer
In the first hearing in a series of lawsuits, NAFA argues the DOL fiduciary rule embodies overreach to do things Congress never intended.
SEC Takes Aim at Performance That’s Just Too Good to Be True
SEC will require RIAs to document their performance numbers, and disclose more about their use of separate accounts, including derivatives.
Cybersecurity ‘Everyone’s Problem,’ Says Ex-NYPD Chief Ray Kelly
Ray Kelly says the entire management team, ranging from a company’s CIO to its CEO, needs to be involved with a business continuity plan.
What Advisors May Not Know About the DOL Fiduciary Rule
Pension law attorney Marcia Wagner lays out not just the basics of the rule but some details that may surprise you.