Blockchain-Powered Financial Tools Get Big Push From IBM, Deloitte
An IBM center in Singapore will aim to use blockchain technology to bring efficient multi-party finance transaction and process tools to market.
BD Lobby Group to Fight New Financial Transaction Tax Bill
Rep. Peter DeFazio introduced a bill Wednesday that would levy a tax on most financial trades. FSI has made it a "top priority" to fight similar bills in the states.
SEC Launches Exam Sweep of Advisors' Share Class Picks
The Share Class Initiative targets mutual fund and 529 plan share classes with substantial loads or fees, including 12b-1 fees.
Wyoming to Begin Registering RIAs
Wyoming was the last holdout of states that didn’t require advisors to register with state regulators.
Fintech Leaders Cautious as Online Lender Regulations Loom
Financial technology representatives told Congress that they were wary, but not outright opposed, to new regulations being considered for the online lending sector.
Morningstar, ARA Deliver Fiduciary Education Program
The program "sets a new standard for fiduciary practices that goes beyond the mere letter of the law," says ARA head Brian Graff.
Former SEC Chief Walter Joins Investor Advisory Committee
SEC named three new members to its Investor Advisory Committee, including former SEC Chairwoman Elisse Walter.
The Future of OSJs: Does Size Matter?
Eric Schwartz of Cambridge and others say industry trends are pushing more advisors to join a certain size branch.
Justice Dept. Defends DOL Fiduciary Rule
The DOJ is urging a Washington federal judge to reject NAFA's DOL fiduciary rule challenge.
A Subtle Benefit of Being an Independent Advisor
With no manager expecting higher “production” as you research stocks or bonds, you can actually pick what’s best for those clients.