MetLife Fights ‘Too Big to Fail’ Label in Appeals Court
The big insurer disagrees with FSOC designating it as a SIFI.
Top Portfolio Products: AssetMark, Fi360’s New Tools to Help Advisors With DOL Rule
In addition, Vestmark unveils a new robo platform and Envestnet to integrate with MoneyGuidePro.
TD Ameritrade, TD Bank Said Near $4B Scottrade Deal
Deal would combine two of the largest online brokerages; Scottrade now works with about 1,000 RIAs.
SEC Announces Reporting Changes for Advisors on SMAs, Performance
In August, the SEC adopted final amendments to Form ADV Part 1 and the rules promulgated under the Investment Advisers Act of 1940.
SEC Imposes ‘Sweeping’ Liquidity Rules for Mutual Funds, ETFs
In mid-October, the SEC adopted rules for mutual funds and ETFs to allow observers to “better monitor liquidity risks” in those investing vehicles.
Warning: Don't Expect Revisions or Reversals in DOL Rule
As the DOL rolls out fiduciary rule guidance, advisors and BDs should not count on major revisions or reversals.
Why a Fiduciary Duty Matters
Bob Clark asks: Does a fiduciary duty really make a difference in the quality of the advice that retail investors get?
5 Big Changes Advisors Should Make by Fiduciary Rule Deadline
It's getting to be crunch time for advisors to ensure compliance with the Department of Labor's fiduciary rule.
SEC Enforcement: Advisor Charged With Failing to Disclose Conflict of Interest
VCAM’s founder will be barred from the securities industry for two years. Also, Bank Leumi is charged with conducting cross-border business in the U.S.
FINRA Blasted for Not Fixing ‘Broken’ BrokerCheck
PIABA, a group of lawyers who represents investors, says that FINRA wasted money on TV advertising pushing its “flawed” system.