DOL’s (Possible) Loss Could Be Your Gain
Many advisors are lamenting attempts to dismantle Labor’s new fiduciary rule. Bob Clark has a different take.
As Indie BDs Dwindle, Is FINRA Outdated?
Brad Bennett, former head of FINRA enforcement, said that some brokers are becoming investment advisors to “minimize their regulatory burden.”
DOL Looking for Reason to Delay Full Fiduciary Compliance Date: Lawyer
The department says it will issue a Request for Information; the findings could give it cover to delay past Jan. 1, lawyer Erin Sweeney says.
Amy Webber — Next-Gen Nurturer: The 2017 IA 25
Cambridge's new CEO credits her early start in the industry as a reason for her passion to support the next generation of independent advisors.
Raymond James Adds 2 Teams from Wells Fargo: Recruiting Roundup
Meanwhile, HighTower brings on a breakaway group from Merrill Lynch in Florida.
BD Stocks Feel Bite as DOL Fiduciary Deadline Nears
Meanwhile, financial analysts say Trump could bring broker-dealers, insurers and asset managers relief from some aspects of the reform package.
A 7-Point Checklist for Advisors to Protect Against Cyberattacks
Former Homeland Security Secretary Michael Chertoff offers his recommendations on how financial firms can prevent or limit the impact of an attack.
Merrill to Pay Fine Over Trading, Disclosure Issues
More than 1,000 trades were not executed to get clients the best prices, and investors didn't get compensation info on thousands of trades.
LPL Shares Details on 108 Recruited Reps, Newest Partner & Tech Woes
The IBD picked up at least $4.2 billion in assets in Q1'17; earlier this month, its IT network and backup systems went down.
College Grads Entering Best Job Market Since Great Recession
The New York Fed says the unemployment rate for recent college graduates is under 4% and wages have been rising.