SEC going after advisers for reverse churning
Breakfast with Benjamin The commission is specifically looking at why some clients are in advisory accounts versus brokerage accounts.
- The SEC is homing in on advisers trying to ‘reverse churn’ client accounts. Some clues of the broader enforcement agenda.The commission is specifically looking at why some clients are in advisory accounts versus brokerage accounts.
- As Britain tells the EU to bugger off, the Fed’s Janet Yellen should be jumping for joy. The Brexit takes the pressure off the Fed.
- The Brexit beats down the uber rich. The world’s 400 richest people lose $127 billion.
- Gold makes perfect sense in Bexit’s wake. Gold bugs are natural Brexiteers.
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