BOOM. There it is. Labor Secretary Acosta confirms: no further delays to #DoLFiduciary past June 9th... https://t.co/chHtkvxbNr
— MichaelKitces (@MichaelKitces) May 23, 2017
Great article by @JeffCoxCNBCcom Why controversy on Fiduciary Rule? We're fiduciaries, always have been! https://t.co/xTmzRrX1RW
— Larry Stein (@DisciplinedIM) May 23, 2017
#DOL #fiduciary rule applicable June 9. The exemptions are a compliance change, the fiduciary standard is a cultural change.
— fred reish (@fredreish) May 23, 2017
This is a great sentence on the DoL Fiduciary Rule https://t.co/EzuPYp7G1m pic.twitter.com/OMxZmPJsE2
— Sean M Tuffy (@SMTuffy) May 23, 2017
"This administration presumes that Americans can be trusted to decide for themselves what is best for them," Acosta on the fiduciary rule
— Daisy Maxey (@DaisyMaxey) May 23, 2017
Good news for retirement savers and the many firms that are prepared to comply with a best interest standard. Thank you @SecretaryAcosta https://t.co/e0EF35sDiM
— Barbara Roper (@BarbaraRoper1) May 23, 2017
.@USDOL should have delayed #fiduciary rule; hoping review concludes dramatic and fundamental changes are necessary https://t.co/AnfLj7SkN7
— SIFMA (@SIFMA) May 23, 2017
ALERT: DOL fiduciary rule applicability date to remain June 9. Read our statement on the decision here: https://t.co/LCsqf2IAI6
— Fin. Svcs. Institute (@FSIwashington) May 23, 2017
NAIFA CEO Comments on DOL Decision To Not Extend Delay of Fiduciary Rule https://t.co/VkOgQyjR8b
— NAIFA (@NAIFA) May 23, 2017
NEW: @VirginiaFoxx Statement on #fiduciaryrule pic.twitter.com/lmP6HwuxD2
— Ed & Workforce Cmte (@EdWorkforce) May 23, 2017
#Nashville elated over the DOL #fiduciaryrule being implemented on 6/9 @PredsNHL @fi360 #fi360Conference pic.twitter.com/TtLCSB1dgu
— Matthew (@mwalno) May 23, 2017
#DOL #fiduciaryrule be like... pic.twitter.com/7dFX2sv05c
— Douglas A. Boneparth (@dougboneparth) May 23, 2017
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
