Morningstar's May Winners & Losers
By Emily ZulzMorningstar assigned new analyst ratings to five U.S. funds and upgraded ratings for 11 funds.
June 22, 2018
OMB's Government Reorg Plan Tackles Financial Literacy, CybersecurityThe OMB's plan, which involves merging the Labor and Education departments, has many other far-reaching provisions.
June 22, 2018
Treasury Official Calls for a New Regulatory Approach for FintechCraig Phillips told a SIFMA conference that this new approach would permit "experimentation for services and processes."
June 22, 2018
FINRA Bars Ex-LPL Rep for Taking Client Money to Pay Her Taxes: EnforcementIn other enforcement actions, the CFTC ordered JPMorgan Chase Bank to pay a $65 million penalty.
June 22, 2018
Federal Judge Strikes Down CFPB StructureThe decision is throwing uncertainty into the agency's future.
June 21, 2018
Guggenheim Said to Weigh Sale of Stake in $250 Billion ManagerScott Minerd says insurers get the best results when they buy minority stakes in asset managers.
June 21, 2018
South Africa Proposes Major Changes to Health Care SystemOne provision could ban the use of insurance brokers.
June 21, 2018
SEC's Clayton: Comment Period on Advice Standards May Be ExtendedHouse lawmakers questioned Clayton about the SEC's proposed best-interest rules.