VelocityShares Launches Libor Rate ETNs: Portfolio Products
Also, Principal Financial launches a new retirement design solution.
HealthCare.gov Registers 7,350 Agents for 2018
Exchange managers hope to provide weekly webinars for agents and brokers starting in September.
Aflac Turns to KKR as Kirsch Diversifies $120 Billion Portfolio
The company hopes to offset pressure from low rates on government bonds in the United States and Japan.
China Codifies Crackdown on `Irrational' Outbound Investment
Some big proposed and pending deals have involved insurance.
Bill With Fiduciary Rule Ban, ACA Defunding Nears House Floor
One provision in H.R. 3354 would ban use of plan fees to keep the public exchange system going.
State Street Wants Companies to Disclose Climate-Related Strategies
The third largest asset manager has issued a 4-point disclosure guide for oil and gas, utilities and mining companies.
SEC Slams Banca IMI Securities With $35M Fine Over ADRs
Brokerage firm "made it possible for such ADRs to be used for inappropriate short selling or inappropriate profiting around dividend record dates," SEC said.
Citing DOL Rule, Girard Goes Indie With Cetera
Girard Securities is expected to start winding down its broker-dealer platform in November.
Deficiencies Found at 97% of BD Audit Firms
Deficiencies were observed in audits at 73 of the 75 firms inspected during 2016, PCAOB's annual report says.
Public Pensions Are a Good Deal for Taxpayers, Group Argues
Dismantling public pensions would be costly and short sighted, the National Conference on Public Employee Retirement Systems asserts.