OCC Mulls Fiduciary Regulations Similar to State Trust Laws
By Melanie WaddellThe OCC is seeking comments on whether to update the definition of "fiduciary capacity." Also, NAIFA awaits a decision in its New York fiduciary case.
May 06, 2019
Brighthouse Posts $1.3 Billion Q1 Net Derivatives LossAnnuity sales were strong, and the derivatives loss follows $2 billion in derivatives gains in the previous quarter.
May 06, 2019
Charitable Gifts From IRAs Shot Up by 74% in 2018A new report says demographics and tax law changes are driving the increase.
May 06, 2019
DOJ Backs Oscar in Antitrust Suit Against Florida BlueOscar says Florida Blue exclusivity rules keep competitors from selling coverage through Sunshine State brokers.
May 06, 2019
Morningstar Launches a Single Platform for Multiple Model PortfoliosThe marketplace allows advisors to research third-party investment models on one integrated platform.
May 06, 2019
Fidelity Said to Offer Bitcoin Trading Within WeeksFidelity is targeting only institutional customers for bitcoin trading, according to a person familiar with the matter.
May 06, 2019
LPL Profits Soar on Strong Recruiting: Q1 EarningsOn a call with analysts, CEO and President Dan Arnold explains what is helping the IBD and what bumps lie ahead.
May 06, 2019
HighTower Names 3 Execs for RIA GrowthEach of the new leaders joins with 20-plus years of experience at firms like Fidelity and Schwab.