Robinhood Slammed for Marketing Tactics, Outages in State Fiduciary Rule Case
By Jeff BermanThe state also cited Robinhood's high rate of approval of options trading for inexperienced investors. The firm denies the charges.
December 16, 2020
HealthCare.gov Open Enrollment Period EndsMany locally run ACA exchange programs still are letting people sign up for 2021 coverage.
December 15, 2020
Final DOL Fiduciary Rule to Have Significant Impact on RolloversIndustry officials, however, anticipate that the Biden administration will pull back the rule and toughen it.
December 15, 2020
FINRA Names Scott Anderson Head of Market RegulationAnderson joins FINRA on Jan. 25 from Societe Generale; he replaces Tom Gira, who passed away earlier this year.
December 15, 2020
Vanguard Total Stock Market Index Fund Becomes World's Only Trillion-Dollar Stock FundAssets of the fund, which has both a mutual fund and an ETF share class, reached $1.035 trillion as of Nov. 30.
December 15, 2020
Transamerica to End Sales of Fixed Annuities and Some Variable AnnuitiesTransamerica's parent says bond yields are too low to support the products' benefits guarantees.
December 15, 2020
Hightower Affiliate Merges With $280M RIAHightower facilitated the deal, which has created Fischer Stralem Advisors.
December 15, 2020
BlackRock, Morningstar Broaden Style Indexes for U.S. StocksWhen Morningstar enhances its equity style indexes, BlackRock's iShares ETFs based on Morningstar indexes will follow.