NAIFA Starts Planning Its Next Moves
By Allison BellA new 32-member committee hopes to draft a five-year strategic plan for the advisor group by October.
September 15, 2020
SEC Warns of Rise in 'Credential Stuffing' CyberattacksClient login credentials that are compromised can result in loss of customer assets and unauthorized disclosure of personal information.
September 15, 2020
NY, NJ Reach Settlements on Predatory Student Loan PracticesAlso, California enacted a law protecting assets in a state-sponsored 529 plan from creditors.
September 15, 2020
Startup Veterans Launch Fixed Income Investing Platform for AdvisorsThe new, AI-driven YieldX platform is targeted at RIAs, BDs, banks and fintech firms.
September 15, 2020
Best Financial Strategy Before Election Is to Wait and See: Wells Fargo AnalystsIt's too soon to say what will happen on Election Day, so the best plan is to decide what investors' money goals are and plan accordingly, the firm's analysts say.
September 15, 2020
Cheating on Exams Will Get You Barred, FINRA WarnsFINRA plans to issue a reg notice seeking comment on a "new expedited proceeding" rule for reps and nonreps who cheat on exams.
September 15, 2020
Schwab Warns of Weaker Q3 Results Due to Low Interest RatesThe firm posted a 21% rise in assets from a year ago in August but warned that low rates would pressure its net revenue.
September 15, 2020
Social Security COLA Estimated at 1.3% for 2021The official cost of living adjustment is set to be announced by the Social Security Administration on Oct. 13.