DOL Sends Final Fiduciary Rule Delay Request to OMB
"We think DOL will move forward with the [delay] announcement as soon as possible after OMB clearance," says Groom attorney Saxon.
The Fiduciary Standard: What Would Peter Drucker Say?
In the end, fiduciary best practices for all advisors are about leadership. Are you a leader?
Rise of the Robo-Advisor Machines: Are They Really Advisors?
Computers can be cheaper, faster and more convenient, but that’s not always better. And I think most people know this.
Wells Fargo Faulted for Discriminatory, Illegal Lending Practices
The bank’s Community Reinvestment Act rating is slashed two levels, triggers restrictions that may hamper company’s growth.
Wells Fargo Reaches $110M Settlement for Fake Accounts
Agreement may cover more than 2 million unauthorized accounts; judge must still approve nationwide resolution of claims.
IRS Issues Excise Tax Relief Related to DOL Fiduciary Rule
The guidance syncs IRS’ enforcement of excise tax rules on prohibited transactions with DOL's temporary enforcement policy.
Investors Will Pay for Fiduciary Rule Delay
Many firms have already made changes; stalling out now will only reward the firms that profit the most off baiting investors into bad bets.
3 Tips for Effective Crisis Management
Unless a crisis is handled efficiently, effectively and with due deliberation, a disruption can significantly impact business, affect revenue and damage reputations.
SEC Bars Broker for Aiding Brothers' Securities Fraud
The three “repeatedly duped at least four unsophisticated foreign investors into sending funds to various U.S. bank and brokerage accounts," the SEC states.
FINRA360 Initiative to Take a ‘Fresh Look’ at Operations
FINRA "must be willing to consider any changes that will better serve the interests of investors," says CEO Cook.