CEO Cook Hopes to Cure FINRA of Its ‘Tin Ear’
FINRA chief Robert Cook tells broker-dealer execs at FSI OneVoice that compliance efforts will focus on basic "blocking and tackling."
Deficit to Reach 5% of GDP by 2027: CBO
Continued growth in spending, particularly for Social Security and Medicare, will outstrip growth in revenues, resulting in larger deficits and increasing debt.
ETFs in 2016 Were Like ‘Michael Phelps in a Shark Suit’
At Inside ETFs conference, Matt Hougan and Dave Nadig discussed the current state of ETFs.
‘No Going Back’ on Commissions, Fiduciary Changes, Broker-Dealer CEOs Say
At FSI OnceVoice, execs say that, rule or no rule, commission-based business models are on their way out.
2 Types of ‘Currency’ That Help Women Succeed
At FSI conference, Carla Harris of Morgan Stanley discusses how women can rise and says the push for diversity shouldn’t be just "a bull-market phenomenon."
Half of Americans Worry About Rising Interest Rates: Survey
The chief cause for worry was the effect of rising interest rates on the stock market, Bankrate reported.
Bank Regulators’ Cybersecurity Approach Is Misguided, Chamber Says
Banking regulators should support entities adopting a “risk-based” approach to address their unique cyber threats, Chamber says
Why Donald Trump Has David Kotok Worried About the Global Economy
The investment manager cashed out of many stocks following Trump's election.
SEC Halts Senior Assisted Living Muni Scam
A South Carolina businessman was charged in fraudulent bond offerings for senior care facilities in Georgia and Alabama.
Trump Pledges to Cut Regulations by 75%, Will Face Hiccups in Congress
Trump can "undermine" Dodd-Frank through "more lenient regulation and enforcement," Andy Friedman notes.