Financial Choice Act to Be Reintroduced by End of April
By Melanie WaddellThe Dodd-Frank replacement bill still requires DOL to promulgate a fiduciary rule similar to one issued by the SEC.
April 10, 2017
Why a Diluted Fiduciary Rule Is Bad for Advisors: Betterment, CFP BoardBetterment, CFP Board and Consumer Federation say that a watered-down rule could hurt not just investors but advisors, and they discuss what could happen next.
April 09, 2017
RIAs Now the Biggest Driver of ETF Asset Growth: BroadridgeA new report says fee-based RIAs have replaced institutional investors as the leading force behind the growing demand for ETFs.
April 07, 2017
What Clients Want, and What Advisors Think They WantA new survey reveals several disconnects between the two.
April 07, 2017
FINRA’s 6 Steps to Recovery for Fraud VictimsThe industry group outlines the details of what investors can do after being affected by financial crime.
April 07, 2017
America at a ‘Financial Flashpoint’: Northwestern MutualThe financial state of America is a good news/bad news scenario, Northwestern Mutual reports.
April 07, 2017
SEC Bars Advisor, Fines Another for 12b-1 InfractionsA former Credit Suisse advisor must pay more than $2 million for recommending shares with a 12b-1 fee instead of lower-expense institutional shares.
April 06, 2017
Focus Financial Nabs $2.7B RIA; Raymond James Adds Wirehouse Rep: Recruiting RoundupMeanwhile, U.S. Trust hires a philanthropic sales director and S2K brings on a due diligence executive.