“The global securities and investments industry must continue adapting to a fast-changing environment, including grappling with the ongoing fallout of the subprime crisis and associated write-downs,” said Rob Hegarty, managing director of TowerGroup’s Securities & Investments practice, touting the company’s latest research, which forecasts that economic uncertainty will continue to dominate the global securities and investments industry in 2008 and beyond. According to the research firm’s “Top 10 for 2008,” the industry will continue to “see upheaval as market structure further evolves, trading volumes spike, and alternative investments continue their torrid growth, despite the difficulties brought on by the subprime crisis.” The industry will also be strongly impacted by the changing needs of different demographic segments, led by the emergence of Millennials and Generation X, both as investors as well as employees. “The prior year served as a needed wake-up call for the industry and the firms best positioned for this adversity will benefit in 2008,” Hegarty concluded.
Consumer groups cheered the passage of the Forced Arbitration Injustice Repeal Act.
The commission should “consider whether minor adjustments or more significant changes are appropriate" for the Order Protection Rule, he said at a SIFMA event.
About 60% of eligible retirees in Chile now buy private annuities.
Sponsored by FMG Suite
Finding the right marketing solution for your advisors.
Sponsored by Smarsh
Review these scenarios to make sure you avoid FINRA & SEC penalties.
Sponsored by Smarsh
It’s easy for modern communication methods to expose your firm to risk. Find out how to ensure you remain compliant!
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.