Do Too Many Rules Really Lead to Bad Advice?
Regular readers will probably not be surprised that I have a few problems with Don Trone’s take on United Airlines and the “Fiduciary Paradox.”
What to Do When the DOL Comes Knocking
The auditors could come after health plans, retirement plans, or all plans.
ThinkLeader: Deep Dive — Norm Champ Digs Into New Book About SEC
In this video, Champ discusses his new book and talks about the SEC, Jay Clayton and how to stop the next financial crisis.
Advisor Group Grabs Cetera’s Chief Legal Officer, Appoints New CFO
McKenna's general counsel and chief legal officer role is a new position designed to align risk and legal approach in the new fiduciary era.
3-2-1: ThinkLeader! Norm Champ, Ex-SEC Director of Investment Management
In this quick video, Champ answers three questions: 1) Favorite movie about finance, 2) Favorite superhero, and 3) What economic trend scares him the most.
FINRA Seeks Comment on Capital Raising, Underwriting, Research Reports
The requests are part of the FINRA360 initiative.
Financial Choice Act to Be Reintroduced by End of April
The Dodd-Frank replacement bill still requires DOL to promulgate a fiduciary rule similar to one issued by the SEC.
Wall Street Critic Says Stop Beating Up Wall Street
Bestselling author WIlliam Cohan talks to ThinkAdvisor about better ways to change Wall Street's bad behavior and why clients are responsible for choosing trustworthy advisors.
JPMorgan Delays Moving Wealth Clients Amid DOL Limbo
With uncertainty surrounding the DOL fiduciary rule, the bank says that its customers can keep using financial advisors.
United Airlines and the Fiduciary Paradox
If we want to provide excellent service, we need to convince regulators that more rules will not translate into better outcomes, Don Trone writes.