How Fiduciary Rule Will Change Advisor Business: AIG Advisor Group Panel
FSI's Dale Brown joined other experts at the ConnectED conference in San Antonio to address the practicalities of DOL's fiduciary rule.
Cheaper Advice Isn’t Always Better Advice
Commission-based advisors can make recommendations based on a client's best interests, but given the conflicts involved, can they be relied upon to do so?
Regulation a Bigger Threat to Advisors’ Business Than Market Crash: FSI Survey
CEOs of FSI member firms overwhelmingly agree that potential regulatory actions rank among the top concerns.
How Not to Conduct a Legitimate Study on DOL Fiduciary Costs
FSI/Oxford surveyed BD and clearing firm execs to get “cost estimates” for the DOL proposal, and then ran those “predictions” by other FSI member BDs.
DOL Fiduciary Rule Will Cost Firms $3.9 Billion: FSI Study
Projected startup costs range from $1.1 million to $16.3 million per firm, according to a study by FSI and Oxford Economics.
FINRA BrokerCheck Plan Gets More Flak
The IBD lobby wants clarity for indie reps, while NASAA wants the rule to include email signatures.
‘Dissident’ Candidate Elected to FINRA Board
Brian Kovack campaigned on the need to reform FINRA's arbitration process, exams and registration disclosures.
BDs Increasing Protection Against Cyber Breaches, Survey Finds
'Some firms have been the subject of benign incidents but haven’t realized it yet,' says Sutherland's Rubin.
FSI Pushes Investors to Weigh in on DOL Fiduciary With New Microsite
While FSI advisor members have been sending thousands of letters, the site will give retail investors "a voice in Washington," says FSI's Brown.
‘Dissident’ Candidate Vies for FINRA Board Seat
With FSI's endorsement, securities attorney Brian Kovack is running against FINRA's chosen candidate to push for "immediate reforms" in three areas.