Cryptocurrencies Aren't Big Enough to Pose a Threat: Fed's Powell
By Olga KharifThe Federal Reserve lacks jurisdiction over cryptocurrencies and does not wish to provide oversight.
July 19, 2018
OneAmerica Adds Retirement Plan Tailor OptionThe new adaptive account program could improve how well asset allocations fit participants' needs.
July 19, 2018
House Panel Passes Social Security Online Tools ActA House panel plans a hearing Wednesday to examine changes to the Social Security disability appeals process.
July 19, 2018
Bigger Is Better, but More Complicated, for RIAs: CerulliBeyond the $1 billion asset threshold, RIAs require an "entirely new set of competencies to remain competitive," Cerulli says.
July 19, 2018
Raymond James Taps New Southeast Chief: Recruiting RoundupMeanwhile, RBC adds a $425 million team from Merrill Lynch, and Commonwealth Financial picks up a $120 million group from Ameriprise.
July 18, 2018
Chamber Wants Regulators to Update Their Fintech PoliciesChamber's new FinTech Innovation Initiative will help inform policymakers about new products and services in the fintech space.
July 18, 2018
New York State Final Best Interest Regs Cover Life As Well As AnnuitiesThe standard applies to individual term life, other individual life policies and group life, as well as to annuities.
July 18, 2018
Morgan Stanley's Almost-Flawless Quarter Gets Wall Street KudosShares up as much as 4.7%, most intraday since February 2017; other big bank shares rise, but not as much as Morgan Stanley.