SEC Floats New Rules on Digital Nudges, Robos
By Melanie WaddellBroker-dealers and advisors could be required to address conflicts of interest associated with AI and predictive data analytics.
July 26, 2023
J.P. Morgan Private Bank Adds UHNW Family Office ServicesThe bank says it is working with over 40% of U.S. families with a net worth of over $100 million and more than half of America's billionaires.
July 26, 2023
Biden Picks Ex-Maryland Governor to Lead Social Security AdministrationThe seat has been open for more than a year.
July 26, 2023
Schwab Retirement Unit Wants to Expand Deferred Comp ServicesThe new capabilities will be launched in partnership with Newport, which has decades of experience in the deferred comp arena.
July 26, 2023
Elon Musk Wants Twitter to Take On Jamie DimonMusk sees Twitter becoming a financial services hub. But history suggests he faces an uphill battle.
July 25, 2023
GOP Spending Bill Keeps DOL Indie Contractor Rule AliveBill includes the Independent Contractor rider, which "would require that no funds be used to block" the Trump-era rule, along with a new DOL rule.
July 25, 2023
Ex-UBS Advisor Says Firm Fired Him Over His DepressionThe wirehouse failed to reasonably accommodate his treatment, according to a lawsuit.
July 25, 2023
Medicare Advantage Plans Face More Budget PressureA group says Congress could save that by correcting enrollee health scores.