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INDUSTRY NEWS OCT 02, 2019
Zero commission fight could pressure wirehouse earnings

If they follow lead of Schwab and others, profits could get dinged, according to one analyst.

By Bruce Kelly
Schwab cuts online brokerage fees to zero
INDUSTRY NEWS OCT 01, 2019
Schwab cuts online brokerage fees to zero

U.S. stocks, ETFs and options will be free to trade on the platform starting next Monday.

By Jeff Benjamin
New way to invest in ETFs has backing of BlackRock and others
INDUSTRY NEWS OCT 01, 2019
New way to invest in ETFs has backing of BlackRock and others

By Bloomberg
Brokerages won't know bite of Reg BI until enforcement begins
REGULATION AND LEGISLATION OCT 01, 2019
Brokerages won't know bite of Reg BI until enforcement begins

Principles-based rule provides little detail on how to comply.

By Mark Schoeff Jr.
Traders punish Schwab, TD, ETrade for move away from commissions
INDUSTRY NEWS OCT 01, 2019
Traders punish Schwab, TD, ETrade for move away from commissions

The market sees Schwab's announcement of commission-free trading as a direct hit to revenues.

By Jeff Benjamin
HSA fees drop, investment design shows improvement
RETIREMENT PLANNING OCT 01, 2019
HSA fees drop, investment design shows improvement

Fund menus are important as financial advisers recommend clients invest HSA assets for the long term

By Greg Iacurci
Passive investing hasn't taken over the world
OPINION OCT 01, 2019
Passive investing hasn't taken over the world

Mutual funds and ETFs have a high public profile, but they are only a small part of the investing universe.

By Barry Ritholtz
TD Ameritrade fires back at Schwab by cutting commissions to zero
INDUSTRY NEWS OCT 01, 2019
TD Ameritrade fires back at Schwab by cutting commissions to zero

After seeing its stock price drop 25%, TD charges headlong into the latest low-fee battle.

By Jeff Benjamin
Should you fire a middling employee?
INDUSTRY NEWS OCT 01, 2019
Should you fire a middling employee?

If you allow mediocrity to define your business, you aren't doing yourself, your firm, your team members or your clients any favors.

By Bloomberg
Schwab cuts online brokerage fees to zero
INDUSTRY NEWS OCT 01, 2019
Schwab cuts online brokerage fees to zero

U.S. stocks, ETFs and options will be free to trade on the platform starting next Monday.

By Jeff Benjamin
Traders punish Schwab, TD, ETrade for move away from commissions
INDUSTRY NEWS OCT 01, 2019
Traders punish Schwab, TD, ETrade for move away from commissions

The market sees Schwab's announcement of commission-free trading as a direct hit to revenues.

By Jeff Benjamin
INDUSTRY NEWS OCT 01, 2019
HSA fees drop, investment design shows improvement

Fund menusare important as financial advisers recommend clients invest HSA assets for the long term.

By Greg Iacurci
INDUSTRY NEWS OCT 01, 2019
Hybrid broker managing $130 million switches to LPL from Amerprise

Joshua Lambert took over his father's Ohio-based business after 15 years.

By InvestmentNews
INDUSTRY NEWS OCT 01, 2019
TD Ameritrade fires back at Schwab by cutting commissions to zero

After seeing its stock price drop 25%, TD charges headlong into the latest low-fee battle.

By Jeff Benjamin
INDUSTRY NEWS SEP 30, 2019
Wells Fargo's New York CEO fuels questions about its West Coast base

The bank's leadership team is decentralized, and it has more than five times as many Charlotte-based job openings on its website as San Francisco listings

By Bloomberg
INDUSTRY NEWS SEP 30, 2019
Trump officials play down reports of limits on China investments

A Treasury spokeswoman said in an email that there are no current plans to stop Chinese companies from listing on U.S. exchanges

By Bloomberg
REGULATION AND LEGISLATION SEP 30, 2019
Bank of Montreal advisory units pay $38 million for overcharging clients

SEC says BMO failed to disclose conflicts of interest when it put customers into proprietary funds.

By Jeff Benjamin
REGULATION AND LEGISLATION SEP 30, 2019
SEC reaches nearly $10 million settlement with 17 additional firms in share-class crackdown

Of the firms involved, 16 self-reported and avoided civil penalties; another must pay a $300,000 fine.

By Mark Schoeff Jr.
INDUSTRY NEWS SEP 30, 2019
New rules make it easier to access 401(k) funds

Treasury and the IRS issued rules that will expand employees' access to their 401(k) funds in cases of financial hardship.

By Greg Iacurci
INDUSTRY NEWS SEP 30, 2019
Negative yields find their way into U.S. investor portfolios

Some bond index funds have no choice but to maintain large weightings in bonds with negative yields.

By Jeff Benjamin