Advisor Hunted by FBI Indicted Over $10M Fraud Scheme
By Jeff BermanDozens of investors were defrauded through a Ponzi scheme led by Christopher Burns, who disappeared in 2020.
April 13, 2023
Does Reg BI Mean the Death of Broker-Dealers?For advisors, the issue going forward is if they stay away from transaction-based products in favor of a strictly fee-based approach.
April 13, 2023
Health Insurers Post High Medigap Enrollee Satisfaction FiguresOne private broker says that customer satisfaction levels with their Medigap policies and Medicare Advantage plans were similar.
April 13, 2023
10 Dividend Stocks to Nab Now: MorningstarThese top-rated dividend stocks — including two financial firms — are currently undervalued, analysts say.
April 13, 2023
McKinsey Sees 45% Drop in Insurtech ACA Exchange ParticipationNational insurers' marketplace footprint increased by 28%.
April 13, 2023
Florida Man Sold Medicare Enrollee ID Numbers for 12 Cents EachThe data broker was sentenced to 41 months in prison. The BIN suppliers may still be in business.
April 13, 2023
Financial Pros Often Downplay Life Policy Investment Features: SurveyLIMRA and Ernst & Young found that agents and advisors focus mainly on the death benefits.
April 13, 2023
Phishing Scams on the Rise: FINRAThere are some key ways to spot these scams to protect both clients' identities and their assets, the regulatory group points out.