Tibergien’s Comments on RIAs Are Tough, but Deserve to Be Heard
The Pershing Advisor Solutions CEO's candid comments to me about the industry are sure to upset many RIAs.
Fired JPMorgan Wealth Manager Gets $1.1M
Verdict comes after eight years of delays and appeals; bank lawyers plan to ask judge to set verdict aside.
Under Pressure, LPL Cuts Fees on Corporate RIA Platform
The news comes on the heels of more departures of reps acquired from LPL's purchase of NPH.
SEC Warns Against Paid-to-Click Ad Scams
“Be skeptical if you are offered high returns for buying advertising products or clicking on online ads,” said SEC's Schock.
DOL Rule Delay Will Likely Be Final in 3 Weeks: Acosta
Meanwhile, NAFA asks for a delay of oral arguments, while Thrivent wins some relief from anti-arbitration rules under BICE.
Fintech Deployment Woes? Call In the ‘New Gatekeeper’ Team
The choice of technology solution — whether for CRM, planning or practice management — is often fraught with peril.
What’s Next for Departing Rep. Hensarling?
He might end up heading the CFPB or the housing finance agency. Meanwhile, the House approved bills expanding the accredited investor definition and boosting IPOs.
‘No Evidence’ CFPB’s Cordray Violated US Ethics Rules: Agency
CFPB director Richard Cordray has been cleared of allegations that he improperly positioned himself to run in Ohio’s gubernatorial contest while leading the Obama-era agency.
Ex-Merrill Broker to Pay $5M Over Excessive Commissions, Fees: Enforcement
Meanwhile, a New Yorker pleaded guilty to securities fraud for his role in a Ponzi scheme involving "Hamilton" tickets.
GOP Tax Plan Spares 401(k)s, Targets IRAs
While retirement savings provisions look to be unaltered, the bill eliminates the recharacterization of IRA contributions.