The SEC charged a pair of brokers, an investment adviser and others in an $80 million variable annuity scam that an SEC official called a "calculated fraud exploiting terminally ill patients."
Securities and Exchange Commission member Daniel Gallagher doubts that his agency will propose its own rule to raise advice standards for brokers providing retail investment advice.
Regulator said IBD didn't adequately train or supervise brokers selling alternative investments and nontraditional ETFs .
Bringing light and due diligence should be a priority for the investment advice industry.
Taking a lead from the SEC, the regulator seeks to understand dangers that lurk online. <i>(Don't miss: <a href="http://www.investmentnews.com/section/video?playerType=Events&eventID=FSI2014&bctid=3147642077001&date=20140203" target="_blank">Which firms are most at risk for cyberattacks?</a>)</i>
Advisers already have the tools to gather information, they just have to learn how to use it.
Today's <i>Breakfast with Benjamin</i> menu: Finra targets trading trickery. Plus: Credit Suisse pleads guilty to tax evasion, dealing with the Fed's giant balance sheet, Treasuries vs. gold and 10 great baseball movies to see this summer.
The entirety of estates that are only 5% over the exemption are now subject to the tax. Some NYers are considering charitable gifts to winnow the size of their assets; others may move.
Releases should have no place in a technology blog but they can play an important role in a digital marketing strategy.
Senator calls for changes that would encourage retirement-age workers to work longer
New retirees can use monthly rather than annual earnings limit if they want to avoid a reduction in their Social Security benefits. In 2014, a person younger than full retirement age for the entire year is considered “retired” if monthly earnings are $1,290 or less.
Emphasizing visual content will help improve user experience and further drive engagement.
Though well-intended, Finra's plan could come with new security concerns and costs
Here are some great tips that will help your website rise to the top of the heap in Search Engine Optimization:
Camardas can seek monetary damages and pursue anti-trust violations in case in which they are suing the CFP Board for sanctioning them.
Advisers are sure to get a visit if they exaggerate numbers or make dubious statements in advertising.
Changes have some considering switching states – but be warned that that takes careful planning
The rational case for focusing not on the wealth divide, but on our ability to provide decent opportunities and minimum security for all.
