SIFMA, U.S. Chamber Barrage DOL as Fiduciary Rule Comment Deadline Looms
SIFMA, for its part, filed not just one comment letter but eight, along with two studies highlighting the fiduciary rule's challenges.
DOL Fiduciary Redraft Will Be Changed, Top Official Says
DOL is ‘committed’ to fiduciary redraft but not ‘wedded to any particular’ wording or text, says DOL’s Hauser.
Greece Grabs U.S. Investors’ Attention at Midyear
Expect a big market correction as global tumult shakes out, says Lance Roberts of STA Wealth Management.
DOL Fiduciary Foes Said to Be Writing Best-Interest Standard Bill
The Department of Labor’s plan to revamp the definition of fiduciary under ERISA is likely to face yet another legislative hurdle.
SIFMA Lowers Growth Outlook; Sees Fed Rate Hike in September
Despite a negative Q1, "the economy is already getting right back on track," said Ethan Harris, chairman of SIFMA’s Economic Advisory Roundtable.
Could 20 Digits Prevent Another Financial Crisis?
SEC Commissioner Kara Stein, a self-described "geek," says a 20-digit code could help stop the financial world from imploding again.
4 Cybersecurity Tips From the FBI
Employees are “the weakest link in your security chain,” says FBI special agent Richard Jacobs.
FINRA’s Ketchum Blasts DOL Fiduciary Plan; White House Says ‘Work With Us’
FINRA CEO Richard Ketchum talked at the regulator's conference about what's wrong with the DOL plan and offered an alternative approach to putting customers first.
Washington Governor OKs Small Business Retirement Marketplace
Law uses Obama's MyRA plan to provide small business employees with access to retirement plans.
Raymond James Hits Revenue Milestone as Profits Improve 7% in Fiscal Q2
Total number of advisors in the Private Client Group reached record 6,384, but assets grew faster than headcount.