California Governor Signs Annuity Best Interest Sales Rule Bill
By Allison BellGavin Newsom's support for the NAIC approach could stop the DOL fiduciary definition proposal.
February 29, 2024
Merrill, Wells Fargo Offer Bitcoin ETFs for ClientsUBS is offering bitcoin ETFs to some clients on an unsolicited basis; Morgan Stanley is reviewing a move to add them to its platform.
February 29, 2024
IRS Announces New Crackdown on High Earners Who Failed to File TaxesThe agency believes hundreds of millions of dollars of unpaid taxes are involved in these cases.
February 29, 2024
Ex-Morgan Stanley Advisor Says Co-Worker Proposed Honeypot SchemeThe co-worker wanted her "to use her sex and her looks" to attract clients, a lawsuit says.
February 29, 2024
AuguStar and Americo Add Indexed Life PoliciesThe products could help clients build up assets while coping with tax uncertainty.
February 29, 2024
Senators Introduce E-Delivery BillThe bill requires the SEC to allow financial firms to deliver their documents in digital format.
February 29, 2024
LPL's Strategic Wealth Channel Lures Billion-Dollar Merrill TeamContinuity Private Wealth is the 40th group to join the channel, aimed at HNW teams wanting greater autonomy.
February 28, 2024
SEC Investment Management Director Steps DownWilliam Birdthistle will be replaced by Natasha Vij Greiner, a deputy director in the Division of Examinations.