New York Department of Financial Services Head Vullo to Depart
By Elizabeth FestaShe's expected to be replaced by Linda Lacewell, the chief of staff for the recently re-elected Gov. Andrew Cuomo.
December 19, 2018
77% of Advisors See Market Downturn in Next 2 Years: SEIAdvisors resolve to improve client experience and grow their teams in 2019.
December 19, 2018
Fed Raises Rates, Trims Forecast to 2 Hikes Next YearFed policymakers also lowered slightly their expectations for growth and inflation in 2019.
December 19, 2018
Massachusetts Charges Advisor, Fines Stifel Over Fee ArrangementThe advisor is accused of overcharging clients and failing to tell them about his arrangement with Stifel.
December 19, 2018
How Americans Use IRAsThe majority use them for rollovers, but many make retirement contributions as well, ICI reports.
December 19, 2018
SEC Seeks Comments on Fund-of-Funds ChangesThe new rule would allow many fund-of-fund mutual funds and ETFs to go forward without exemptive relief from the commission.
December 19, 2018
Stifel, Janney Add $960M Reps From Wells FargoA team with $900 million joins Stifel in Minnesota, while Janney picks up an advisor with $60 million in New Jersey.
December 19, 2018
MetLife Fined $1 Million for Failing to Make Pension PaymentsThe retirees were "presumed dead" after failing to respond to two letters from MetLife, says Massachusetts regulator Galvin.