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Former head of two microcaps worked with boiler room operator whose agents pressured investors and promised them lucrative profits.
B-Ds and other annuity distributors are asking insurers for product specifications with an eye toward compliance with the new regulation.
New regulatory environment calls for a more holistic evaluation process.
Health-care costs are “the great unknown of retirement” for many advisers.
Plus: Trump would dump Yellen, bracing for the next housing bubble, and 401(k) realities that should not be ignored
Plus: The dirt on negative bond yields, long-term investing in a short-term world, and switching banks
The DOL fiduciary rule and competition from robo-advisers will continue to result in pricing pressure.
Management will be rewarded for beating the S&P 500, a first for the growing industry.
The eleventh sector of the index alters the dynamics of the financial sector.
The new sector has 28 issues with a market value of about $605 billion.
Sales of nontraded REITs have fallen off a cliff as the brokerage industry struggles to adapt to new regulations.
What's good for flash traders might not be good for you.
Plus: DOL rule drives some advisers out of the business, a speculative bet on gold, and don't put this on your resume
Robert Citrone, the Tiger cub who now runs one of the best-known macro hedge funds, is sounding the warning bell for investors.
Selection process will be like a suitability standard on steroids, requiring an analysis like those done by a financial planner.
The funds are more flexible than annuities, but can't guarantee a set payment for life.