Growth in U.S. payrolls slowed to a trickle and the unemployment rate increased significantly in December.
Many investors found disclosures that advisers and B-D firms are required to provide are "problematic.”
Jackson National Life Insurance Co. today added a pair of new portfolios to its retail mutual fund lineup.
But financial-services firms trimmed 5,000, marking the third decline in the last five months.
After an outcry from member B-D firms, FINRA proposed pushing back a section of the rule to Aug. 4.
Catherine J. Weatherford, executive vice president and chief executive officer, will earn $370,000.
Confidence blossomed among investors with more than $500,000 in investible assets in December.
Asset levels hit $13 trillion in December, gaining approximately $1.8 trillion from the beginning of the year.
Sales of new one-family homes fell to an annual rate of 647,000, according to the U.S. Census Bureau.
