LPL Moving 133 Jobs From San Diego to South Carolina
Fewer than 40 employees are being offered the chance to move across the country in order to keep their positions.
SS&C, Jemstep Announce New Partnerships: Tech Roundup
SS&C Technologies has partnered with Aon Insurance Managers to launch a joint platform that will simplify insurance-linked securities valuation.
SEC 'Continues to Wrestle' With Target-Date Fund Risk Rule: IM's Grim
Former SEC Commissioner Wallman urges IM to "tackle" TDF risk disclosure rule.
Accredited Investor Is an ‘Artificial Distinction’: SEC Acting Chair
At SEC Speaks, acting Chairman Michael Piwowar also zeroed in on how the Dodd-Frank Act burdens the "forgotten investor."
SEC Charges Advisor With Stealing $900K From a Client: Enforcement
In other enforcement news, a forex trader is accused of bilking clients and spending some of their cash at McDonald's, Victoria's Secret and Gymboree.
Wealth Managers Lag in Strengthening Digital Capabilities: PwC
“This industry is not thinking as agilely around technology and disruption as it should,” PwC says.
SEC Issues Guidance for Robo-Advisors, Investors
Robos are fiduciaries under the Advisers Act, SEC says.
White House to Enact Tax Reform by August: Treasury Secretary Mnuchin
Mnuchin says tax reform is key for increasing economic growth, which he expects will rise to 3% near the end of 2018.
Health Care Is Impact Investors' Top Cause: Survey
An American Century Investments survey examines millennials’ opinions on impact investing.
Clara Shih: How to ‘Work Smarter’ on Social Media
“You can’t just post and post” on social media, Clara Shih says; going a little deeper can help “ensure that robo-advisors don’t take over.”