3 Investment Strategies to Ride Out the Pandemic
By Jeff BermanOne important question for advisors and their clients: "Is your portfolio allocation and your risk allocation aligned?"
July 10, 2020
SEC Move Could Cause 90% Drop in Investment Managers Reporting Quarterly HoldingsBy not considering how "the world has changed" since '75, the SEC is "plucking out blocks from a Jenga tower," said a securities law professor.
July 10, 2020
SEC Shakes Off Ex-LPL Rep Over Taylor Swift ScamThe former broker was barred for falsely claiming investor funds would be used to fund a project for the pop singer, regulators said.
July 10, 2020
Boosting Social Security Payments Tops Biden's Economic PrioritiesSolving the public health crisis posed by the pandemic, Biden said, "is the surest way to get the economy back on track."
July 10, 2020
Wells Fargo to Donate $400M in PPP Loan FeesThe funds will target minority-owned businesses; through June 30, the bank has processed close to 180,000 loans.
July 10, 2020
Mercer Buys $910M RIAThe deal means Mercer is now working with about $2 billion of assets in Colorado, where it is based.
July 10, 2020
Reg BI Has Kicked In. Here's What FINRA ExpectsFINRA will institute a "good-faith" effort during exams, but Reg BI's principles-based approach leaves open questions.
July 10, 2020
New Risk Tool Launched: Tech RoundupAlso, Twenty Over Ten updated its Lead Pilot tool to help advisory businesses improve their inbound marketing efforts.