SEC Jumps Into Fiduciary Rule Fray, Seeking Comments on ‘Future Action’
SEC chief Jay Clayton said he looked forward to “robust, substantive input” on advisor and BD standards of conduct.
Secretary Acosta, Candor and the DOL Rule
Labor Secretary Alexander Acosta’s Wall Street Journal op-ed last week on the DOL fiduciary rule is a public service.
Investment Risk: Another Key to Understanding Financial Services
As we all know, under the current suitability standard, many “advisors” aren’t required to consider the cost to investors when making investment recommendations.
A Hidden IRA Benefit Most Advisors Miss
Advising this group of women to open IRAs can help them secure their retirement and save even more, Marcia Mantell tells ThinkAdvisor.
When Life Insurance Isn’t a Lifetime Investment
When a client needs to part with a “permanent” type of life insurance policy like whole life, be sure to carefully evaluate the tax consequences.
Wall Street May Get New Chance to Gut DOL Fiduciary Rule
Under pressure from Congress, the SEC may be preparing to review the responsibilities that brokers have to their clients.
New Evidence of Fiduciary Rule’s Harm, Chamber Report Says
Obama’s DOL “underestimated the negative effects of the rule,” says Chamber of Commerce; CFA’s Roper, though, blasts report.
13 Best & Worst Broker-Dealers: Q1 Earnings, 2017
The first three months of the year have seen strong markets and corporate earnings that beat analysts' estimates.
Putnam Investments to Launch 3 Alternative Strategies: Portfolio Products
Also, Allianz Life introduced two new index variable annuity products.
Americans Confused About Medicare Planning
More than half of Americans over 45 haven't done any research on Medicare planning, a survey says.