Anthem's Battle With Doctors Shows Risks for Surprise-Billing Fix
By John TozziMedical groups are objecting to the effects of California's new balancing billing rules.
July 17, 2019
Financial Advisors Can't Wait for Nontransparent Active ETFs: SurveyEighty-five percent of the 200 advisors surveyed by Broadridge Financial Solutions say they're likely to use these ETFs.
July 17, 2019
FINRA Settles With 56 BDs, Gets $89M in Restitution Under Mutual Fund Fee InitiativeThe multi-year effort's goal was obtaining "restitution for mutual fund investors who were not afforded the sales charge waivers they were entitled to," FINRA said.
July 16, 2019
Schorsch, Block and AR Capital to Pay $60M to SEC for FraudThe once high-flying real estate firm was charged with falsifying books and records from late 2012 to early 2014.
July 16, 2019
FINRA Hits Woodbury With Fine Over Annuity-Related FailuresFirm's weak system for dealing with additions to existing VAs affected more than 3,800 transactions, FINRA says.
July 16, 2019
Fidelity Expands Price War With Vanguard With New Index Fund LaunchesAll five index funds have lower fees than comparable Vanguard funds, with no minimums.
July 16, 2019
Wells Fargo, Schwab Beat Estimates: Q2 EarningsBank of America Merrill Lynch will release its Q2 figures on Wednesday, while Morgan Stanley will do so on Thursday.
July 16, 2019
Fund Manager Sentiment Perks Up in July: Merrill SurveyInvestors added risk but remained worried about an earnings recession and debt deflation.