Finra proposal bashed as an 'envelope-stuffer'
The role moving to the SEC would require brokers to put written procedures in place to verify the accuracy of applicants' U4 forms.
Advocate urges SEC leader to move ahead with split commission.
Consensus may never be reached, with Gallagher and Piwowar already against it.
Median sale price of existing homes rose more than 5% in September
Obermeyer Wood takes over top spot for asset management in the state.
Successfully addressing the post-accumulation phase and providing simplicity still difficult for the industry.
SWS Financial Services charged with green-lighting variable annuity applications without proper review for suitability.
Bond behemoth has opportunity to recast its image, but analysts and advisers predict significant outflows. <i> Plus:</i> <a href="//www.investmentnews.com/article/20140926/FREE/140929925/bill-gross-terrible-horrible-no-good-very-bad-year"" target=""_blank"" rel="noopener">Pimco's pitiful year.</a> <a href="//www.investmentnews.com/article/20140926/BLOG09/140929934/what-bill-gross-departure-means-for-pimcos-funds"" target=""_blank"" rel="noopener">How bad will it get?</a>
As a first step, communication and coordination between advisers, regulators needs to be improved.
Many advisers are conversant, but not fluent, in claiming strategies and rules.
When purchasing a firm, advisers enter contact with an unpredictable asset: clients.
Other issues state regulators are tackling include expungement, broker fee disclosures and REIT concentration in portfolios.
He had been in contention to succeed Benmosche as head of AIG.
As people live longer, the distribution phase becomes more critical
Outages are a fact of life, but most are short-lived.
Today's <i>Breakfast with Benjamin</i> sees stock and real estate bubbles on a collision course, gold prices stuck in neutral, Bill Gross cutting Treasury bond exposure, and much more.
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