New Jersey, Nevada Likely to Pass Fiduciary Rules: Attorney
By Melanie WaddellUnlike the rule that was defeated in Maryland, the New Jersey proposal "doesn't need votes, per se," a lawyer says.
April 16, 2019
Will Trump Memo Slow Down SEC's Reg BI?A memo from the OMB states that major rules, like the SEC's best-interest rules, must be reviewed by Congress.
April 15, 2019
New Jersey Unveils Proposed Fiduciary RuleThe proposal covers BDs, agents and advisors but excludes some advisors already acting as fiduciaries.
April 15, 2019
Schwab Beats Estimates as Flows Slow in Advisor Services: Q1 EarningsThe brokerage firm released first-quarter earnings less than three weeks after announcing a new subscription model for some services.
April 15, 2019
ProcureAM's Space ETF (UFO) Takes Off: Portfolio ProductsAlso, First Ascent Asset Management launched factor-based portfolios to be offered for a low, flat annual fee.
April 12, 2019
Rick Ferri, Back in Business, Drops Bomb on AUM Fee ModelWith his new firm, Ferri offers hourly, customized investment advice and says clients should only pay for what they need.
April 12, 2019
Orion to Restructure, Rebrand OperationsThe company plans to make a major product announcement in the fall.
April 11, 2019
Betterment for Advisors to Add DFA FundsThe Dimensional Fund Advisors offerings will be the first mutual funds on the Betterment platform.