15 Biggest Political Donors in Financial Industry: 2014
Wall Street banks and financial trade groups have dished out $800 million during the current campaign cycle, Americans for Financial Reform says.
MetLife SIFI Designation Imminent
In designating MetLife at this time, the FSOC would be ignoring the House Financial Services Committee.
‘Mutual RIA’ With Advisor Profit Sharing Launched by LPL Affiliates
Good Life Advisor Systems aims to share profits with all of its partnering reps nationwide, not just principals.
Garrett Brings NY Fed Into FSOC Issues
Rep. Scott Garrett is demanding that the New York Fed share with him any information it provides to the FSOC on nonbank SIFI designations.
House Committee Votes to Block SIFI Designations
The two bills would effectively shutter the FSOC for a year, but analysts give them little chance of becoming law.
New Hire Roundup: Hedge Fund Association Names Regional Co-Directors
Also in new hires, Sen. Rob Portman, R-Ohio, announced that Zach Rudisill will assume the role of tax counsel on his staff.
Retirees Suffer as 401(k) Rollover Boom Enriches Brokers
A three-month Bloomberg investigation found that former employees at major companies say sales reps lured them into rolling their 401(k)s into unsuitable investments.
House Seeks 6-Month Halt on SIFI Designations
House Financial Services will vote Thursday on a bill that would bar the FSOC from designating any financial institution as systemically significant for six months.
6 Top Mobile Websites for Investors: Dalbar
Investors who can't get needed information on their phones may decamp to rival firms. Here are six financial firms with a standout mobile experience.
Dead to Rights: Insurers Struggle to Award Beneficiaries
When insurance agents were personally acquainted with their customers, it was fairly simple to be sure death benefits were paid. Now, not so much.