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Plan advisers may lose business as 401(k) sponsors struggle
RETIREMENT PLANNING MAR 26, 2020
Plan advisers may lose business as 401(k) sponsors struggle

As unemployment claims hit an all-time high, companies are considering ways to cut costs

By Emile Hallez
Wells Fargo Advisors reverses plan to charge more clients an account fee
PRACTICE MANAGEMENT MAR 26, 2020
Wells Fargo Advisors reverses plan to charge more clients an account fee

The firm is altering a plan that was unpopular with some advisers

By Bruce Kelly
Finra cancels annual conference in response to COVID-19 outbreak
PRACTICE MANAGEMENT MAR 26, 2020
Finra cancels annual conference in response to COVID-19 outbreak

The organization’s premier event sets the tone for its oversight of brokerages

By Mark Schoeff Jr.
Top 10 advice firms ranked by investor satisfaction in 2020
RIAS MAR 26, 2020
Top 10 advice firms ranked by investor satisfaction in 2020

Advisory firms headed into this year’s market turmoil with happy customers, according to J.D. Power's latest survey of investors' satisfaction with their advisers

By InvestmentNews
Morgan Stanley CEO vows no layoffs in 2020
PRACTICE MANAGEMENT MAR 26, 2020
Morgan Stanley CEO vows no layoffs in 2020

The bank's shares are off 30% so far this year amid concerns about loan losses and the impact of low rates on margins

By Bloomberg
Companies slash 401(k) contributions amid COVID-19
RETIREMENT PLANNING MAR 26, 2020
Companies slash 401(k) contributions amid COVID-19

Retirement plan sponsors are seeking to reduce costs as they struggle to deal with the pandemic

By Emile Hallez
How contagious illness planning differs from business continuity planning
OPINION MAR 26, 2020
How contagious illness planning differs from business continuity planning

Unlike other business disruptions, contagious illness is not likely to be resolved quickly and it can come in waves across multiple locations

By Michelle Cross
Stimulus package could bring investors back into the markets
INDUSTRY NEWS MAR 26, 2020
Stimulus package could bring investors back into the markets

As markets find footing, investors have fled stocks and bonds

By Jeff Benjamin
SEC lifts borrowing rules for funds hit by liquidity crunch
PRACTICE MANAGEMENT MAR 26, 2020
SEC lifts borrowing rules for funds hit by liquidity crunch

The regulator is allowing mutual funds to borrow from managers or other funds to meet redemption requests

By Emile Hallez
House under pressure to act on Senate’s $2 trillion stimulus package
REGULATION AND LEGISLATION MAR 26, 2020
House under pressure to act on Senate’s $2 trillion stimulus package

The House is scheduled to vote Friday; President Trump has said he would sign the legislation immediately

By Bloomberg
Wild markets set stage for winner-take-all trading competition
INDUSTRY NEWS MAR 26, 2020
Wild markets set stage for winner-take-all trading competition

The three-day event bets viewers will pay to watch traders win big and lose big

By Jeff Benjamin
An update for our Morning 5 readers
OPINION MAR 25, 2020
An update for our Morning 5 readers

Effective Monday, InvestmentNews will be consolidating our IN Daily and Morning 5 newsletters

By George Moriarty
Senate coronavirus stimulus bill waives RMDs this year
RETIREMENT PLANNING MAR 25, 2020
Senate coronavirus stimulus bill waives RMDs this year

The final measure also makes it easier to withdraw funds from retirement accounts in an emergency

By Mark Schoeff Jr.
Advisers face new M&A reality after COVID-19
RIAS MAR 25, 2020
Advisers face new M&A reality after COVID-19

An aging workforce may not be able to postpone retirement until valuations bounce back

By Ryan W. Neal
SEC further extends filing deadline; Finra pushes arb hearings back again
RIAS MAR 25, 2020
SEC further extends filing deadline; Finra pushes arb hearings back again

New SEC order eases requirement for advisory firms to explain why they need to delay ADVs

By Mark Schoeff Jr.
Top 10 IBDs ranked by revenue
BROKER DEALERS MAR 25, 2020
Top 10 IBDs ranked by revenue

The independent broker-dealers that reported the highest revenue in 2019

By InvestmentNews
Retirement relief Congress should consider now
IRA ALERT MAR 25, 2020
Retirement relief Congress should consider now

People with retirement accounts have seen losses through no fault of their own and they need a helping hand

By Ed Slott
SEC charges unregistered adviser with failing to disclose conflicts
REGULATION AND LEGISLATION MAR 25, 2020
SEC charges unregistered adviser with failing to disclose conflicts

Barred by Finra, Donald Hunter set up a private fund that bought shares he had owned personally

By InvestmentNews
Finra panel awards $800,000 in case against Stifel
PRACTICE MANAGEMENT MAR 25, 2020
Finra panel awards $800,000 in case against Stifel

Client claims rep used subterfuge to obtain consent for transactions

By InvestmentNews
Recession could hit Social Security financial outlook
OPINION MAR 25, 2020
Recession could hit Social Security financial outlook

The likelihood that people will file for benefits sooner amid a downturn and the possible decline in payroll tax revenue could put pressure on the Social Security trust fund

By Mary Beth Franklin