Trump Signs Elder Fraud Bill Into Law
The new law cracks down on telemarketing and email fraud and boosts penalties for health care fraud.
FINRA Seeks Comments on Changes in Arbitration Rules
One amendment seeks to help further address the issue of unpaid customer arbitration awards, says FINRA's Berry
Senators Float Seniors Tax Hike Prevention Act of 2017
Without action, the income threshold after which seniors can deduct health care expenses from their taxes will rise this year.
Would Blockchain Have Blocked Wells Fargo’s Misconduct?
An MIT professor and others said blockchain could have made it easier to see that the accounts were fake, but would that have been enough?
Senate Panel Schedules SEC Nomination Hearing for Peirce, Jackson
If confirmed by the full Senate next week, both would enter the agency as it crafts a fiduciary rule.
SEC Charges Miner Rio Tinto, Former Execs With Fraud
The firm inflated the value of coal assets acquired for $3.7 billion and sold a few years later for $50 million.
Senators Get Deal to Prop Up Obamacare, Keep Subsidies Trump Cut
The deal still has to make it through both houses of Congress and be signed by Trump.
Fee-Based Annuities and the Fiduciary Rule: One Size Doesn’t Fit All
Fee-based annuities are the product for advisors who wish to continue to sell variable and fixed indexed annuity products under the rule.
FINRA Data Shows 15-Year Decline in BDs
FINRA just published 15 years of data on the number of broker-dealer reps entering and leaving the industry and of the decline in member firms.
Commonwealth CEO Upbeat on DOL Fiduciary, ‘RIA-zation’
Wayne Bloom and other execs highlight the growth of the firm’s indie advisors at a national event in San Diego.