Arthur Levitt: SEC Deadlocked on Fiduciary, Advisors Need DOL Rule
As the Investment Advisers Act turns 75, ex-SEC Chairman Arthur Levitt, CFA’s Barbara Roper and more discuss why the industry needs a strong fiduciary standard.
FINRA BrokerCheck Plan Gets More Flak
The IBD lobby wants clarity for indie reps, while NASAA wants the rule to include email signatures.
To Help the Middle Class, Raise Interest Rates: Searching for Alpha for August 2015
Everything from corporate greed to the tax code has been blamed for the expanding wealth gap, but artificially low rates may be a bigger contributor.
Icahn, Fink Clash Over Junk Bonds
Investing titan Carl Icahn and BlackRock CEO Larry Fink spar over high-yield debt and the ETFs that invest in it.
Compliance Data Analytics: Do as Regulators Say AND as They Do
Financial services firms should follow the lead of the SEC and FINRA and use more sophisticated technology tools to improve their compliance programs.
Clients Are Financially Savvy, and Other Myths
Reminders on why charging fees based on assets under management is by far the most client-centered form of advisor compensation.
Schwab Posts First Robo Results; Q2 Earnings Beat Estimates
The brokerage firm rolled out automated advice offerings for investors and advisors this year.
Why Institutional Investors Dominate the Liquid Alt Market
There are a lot of statistics showing investing trends among institutional investors, according to David Katz of Larch Lane Advisors, but tracking retail investors can be more difficult.
SEC to Scrutinize Retirement Advice
The SEC has launched a multiyear targeted review of investment advisors’ and BDs’ retirement planning sales practices.
The Diagnosis Is In: ‘Investor Hypochondria’
“The Investor Who Cried Risk” could be the title of today’s investor sentiment, Allianz Global Investors says.