BDs, Trade Groups Team Up to Clarify Murky BD Fees
FINRA, SIFMA and other groups, with LPL and other BDs, have joined forces to develop rules that ensure BDs’ fees are easily understood by investors.
ICI Welcomes New SEC Rules on Funds, Asset Managers
“Any risks that may arise in asset management are best addressed by the SEC,” says ICI's Paul Schott Stevens.
House Panel Passes Cybersecurity Bills
The House Committee on Homeland Security passed three bipartisan cybersecurity-related bills late Monday.
Alexandra Lebenthal: Who Are You Calling a Socialite?
The Lebenthal Holdings CEO on her new wealth unit, how she bought back her iconic family name from Merrill and how she recruits female advisors.
Trade Groups Back Cybersecurity Info Sharing Bill
FSR, SIFMA say cybersecurity act strengthens private sector, government info sharing on cyber threats
Most Roth IRAs Born Through Contributions, Not Rollovers
A new ICI report compares Roth and traditional IRA holders on a wide range of data.
BrokerCheck Links in Twitter Profiles? No Way, BDs Tell FINRA
In comments on FINRA's revised plan to require links to BrokerCheck, rules on social media and other third-party sites draw particular ire from broker-dealer groups.
Economists Lower Growth Estimates Ahead of FOMC Meeting
SIFMA's Diane Swonk cites geopolitical risk and consumers stuck “shouldering the burden of growth” as headwinds.
DOL Fiduciary Rule in 2016?
It may be 2016 before a new rule is in effect, and even that’s a long shot, says Groom Law Group's Steve Saxon.
DOL to Delay Fiduciary Redraft Release Until January
Labor Secretary Perez told a Senate Appropriations subcommittee that the redrafting of the fiduciary proposal “has been slowed down at my direction significantly.”