Canadian Groups Ask for Uniform Financial Planner Regs in Ontario
The IFIC and IIAC want financial planners to have one group regulating them in the province.
Focus Adds Wealth Group in Canada; United Capital Picks Up 2 Firms
Each firm acquires groups of advisors with more than $600 million in client assets.
SEC, FINRA Enforcement: Franklin Resources, Chairman Sued for $150M Over Long-Ago Stock Bequest
In another action, FINRA expelled a firm for stock manipulation and barred its CEO, who looted the firm to pay for tattoos and pet care.
Is a Tax Bomb Looming for PIMCO Investors?
Total Return Fund outflows could lead to a host of consequences for the investors who stay. And that’s a problem for all mutual fund investors.
Beatty Begins 1-Year Term as NASAA President
William Beatty will focus on senior financial abuse and new electronic state filing of Form D for Rule 506 offerings.
Top 10 Global Cities Creating U.S. Jobs
A recent Brookings report determined the top 10 global city-regions making direct investments, and employing workers, in the United States.
SEC Enforcement: Ohio Advisor Hid Shortfall in Client Assets
Meanwhile, the SEC charged a hedge fund advisory firm and its execs with faking earnings.
Top 10 Biggest Lottery-Winning Losers
Taking the money and running to fulfill financial fantasies without good financial advice led these winners down the path of ruin.
Can Seizing Mortgages Help Housing-Plagued Cities? News Analysis
A controversial new proposal for cities to seize underwater mortgages through eminent domain is unfolding into sharp clashes between mortgage investors and would-be rescuers of depressed housing markets.
Learning to Speak Your Client’s Language
The best financial advisors know how to tune into each client’s money history and individual story.