Morningstar: Industry’s Idea of Clean Shares May Not Be Clean Enough
While clean shares can be expected to be embraced by more fund companies, they present new challenges for brokers and advisors.
5 Reasons Tax Reform Is Still Alive
If health care reform stalls, tax reform will not stall with it, LPL's Burt White and others say.
Wells Fargo Data Fiasco Raises Red Flags, Demands Serious Change: Lawyer
Other bank observers point to the multiple problems exposed by the recent leak of private data of 50,000 clients and advisors.
Wells Fargo Reps: Data Leak Is the ‘Last Straw’
A recruiter describes the reactions he is getting from some wealth managers on the first business day after the news broke.
Critics of DOL Fiduciary Rule Push for Long Delays
Despite a potential delay, ERISA attorneys offer a compliance checklist for advisors.
White House Sends Peirce SEC Nomination to Senate
If confirmed, Mercatus fellow Hester Peirce would be the second Republican member of the Commission.
Wells Fargo Data Release Said to Lead to Regulatory Focus
Regulators are said to have started asking questions about the breach after the data was mistakenly provided to an attorney.
Show Me the Money: Taking the Fiduciary Debate to the Bottom Line
Part of acting in a client’s best interest is that the adviser must consider the “cost” of the recommended investments.
Wells Fargo Must Rehire Fake-Accounts Whistleblower, Pay $577K
Department of Labor made the decision Friday, when private info on 50,000 clients and advisors was released.
Wells Fargo Shares Private Info on 50,000 Clients and Advisors: Report
The data release includes clients' portfolio and asset information, as well as FA compensation and client lists, according to The New York Times.