Online Broker Folio Acquires BUYandHOLD Business
The group is led by ex-SEC Commissioner Steve Wallman.
SEC Investor Advisory Committee Mulls ‘Accredited Investor’ Criteria
SEC Chairwoman White also gave an update on the uniform fiduciary standard, target date fund rules and other issues the committee has weighed in on.
Folio Investing’s Target Date Folios Outperform Traditional Target-Date Funds
Steven Wallman, founder and CEO of Folio, says investors “deserve better” than traditional target-date funds.
SEC Forms New Investor Advisory Committee
The SEC announced the makeup of its new Investor Advisory Committee, a Dodd-Frank requirement. Among its members: Mellody Hobson of Ariel, Steven Wallman of Foliofn, and Barbara Roper of the CFA.