Fed’s Fischer Says Negative Rates Seem to Work in Today’s World
Equity prices are "quite decent" where the policy has been in use, Stanley Fischer says, reiterating that Fed rate increases will depend on data.
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.
Who’s in Charge at Cetera?
Rumors are rife that CEO Larry Roth may be replaced by Chairman Robert Moore.
Top 10 Retirement Planning Mistakes Lawyers Make
Big-firm lawyers may be smart and successful, but they make retirement planning mistakes just like everyone else, say financial planners.
Advisor Put Transit Workers on Risky Investment Path, FINRA Says
Retired bus workers lost some $140,000 due to "unsuitable" investments in energy firms and gold, says a FINRA complaint.
PIMCO at Odds With Goldman on Yellen as September Rate Bets Rise
While PIMCO's Clarida sees no news in Fed chair’s Friday speech, Goldman says comments lift chance of September increase to 40%.
Wall Street Redoubles Fight to Manage $100 Billion of Endowments
Helping endowments manage their investments has grown into an almost $100 billion business that’s attracted stiff competition from banks, consultants and boutiques.
Pershing Launches ETFs, Mutual Funds to Help Reps Comply With DOL Fiduciary Rule
The WealthStart portfolios for emerging and mass affluent investors will be offered through Lockwood Financial.
When Clients’ Mental Capacity Diminishes: An Advisor’s Role
Here are the signs of dementia and other forms of cognitive decline, and how advisors can help the client and her family while protecting themselves.
Top Portfolio Products: Schwab, BlackRock Introduce New Funds
Schwab introduced a very low-cost line of target date funds; BlackRock added a social impact bond fund.