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At least one timing signal is already saying it is time to sell stocks
Breakfast with Benjamin: One troubling result of Thursday's big stock drop, in which the Dow industrials lost 358 points, or just over 2%, is that the market's oldest timing signal flashed a sell signal.
SEC warns brokerages to monitor risky products better
Agency finds a significant number of inappropriate sales.
Latest sentencing in $1.2B Scott Rothstein Ponzi scheme
Michael Szafranski was the financial adviser to the scheme's mastermind, Scott Rothstein.
SEC alleges Boston adviser defrauded clients and lost over $12 million
Interinvest founder hid his interests in penny stock companies he put clients in, agency says
Stifel deal for Barclays unit would amp up ambitions to attract elite advisers
An acquisition of Barclays' U.S. wealth unit would add $47 billion in assets and 249 advisers who focus on ultrahigh-net-worth clients, filling a gap in Stifel Financial CEO Ron Kruszewski's advisory business.
Senators seek tenfold increase in SEC penalties for fraudsters
Senators say legislation would act as a deterrent to fraudsters and particularly hamper repeat offenders, whose fines could triple.
Labor Department’s fiduciary rule too complicated to put into practice: FSI
Commission-based model is crucial for the financial well-being of investors of moderate means.
The biggest obstacle for states looking to launch auto-IRAs
Would ERISA preempt states' IRA efforts, given federal responsibility for ERISA-regulated employee benefit plans?
Flawed regulatory impact analysis caused Labor Department to miss the mark with fiduciary rule
Analysis asserting a “substantial failure of the market for retirement advice" doesn't hold true, according to ICI's chief economist
Adviser advocates seek more privacy for SMA disclosures
Worry heightened reporting requirements in new SEC proposal would force them to divulge 'secret sauce' of separately managed accounts' investment strategies.
Perez says DOL fiduciary debate shifts from whether to how
The Secretary of Labor told lawmakers on Tuesday that the conversation has shifted to focus on how to make a new standard work.
AdvisorSpoke’s ‘Clark Kent’ to the rescue
New blog adopts Superman's alter ego as its anonymous author; aims barbs at popular gossip site AdvisorHub.
UBS ordered to pay investor $1 million as Puerto Rico claims roll in
Brokers allegedly pushed conservative investor to put 100% of assets into risky proprietary bond funds.
The psychology of regulation: applying nudge theory to compliance
Nudge theory and the rise of advanced technology promise new methods for advisory firms to fight the good fight in a world where the dangers of non-compliance have never been greater.
DOL to launch marathon of hearings on fiduciary rule
The four-day event, featuring 75 witnesses from all sides of the debate testifying on panels together, could get heated.
SEC commissioner: DOL fiduciary rule would create ‘a mess’
Daniel Gallagher Jr. says the agency should stand down and not finalize rulemaking.
CFP Board: Judge’s ruling validates our rights to protect the public
Chairman Richard P. Rojeck explains the Board's disciplinary process and questions why a judge who is not a CFP would be better able to interpret its rules and evaluate the evidence.
SEC works on rule requiring practice transition plans
The regulator wants advisers to develop continuity plans to avoid major disruptions to clients and markets.
While DOL hearings stay civil, Twitter gets rowdy
Tweets from around the industry tell the tale of the battle for and against a fiduciary standard for brokers.
Facebook stock-fraud venture lands fund manager in hot water
Breakfast with Benjamin: Tampa-based fund manager to plead guilty to investment fraud in relation to $9M worth of Facebook stock he purchased then sold and was caught short when the stock price rebounded.
