RCS Capital (RCAP) said Monday that its wholesale broker/dealer businesses, including Realty Capital Securities, SC Distributors and The Hatteras Funds, raised $270 million in December, up from $260 million raised in November. The unit raised $9.7...
In an effort to distinguish new ETFs from existing ones, some issuers are getting downright goofy with their tickers. The Australians seem to take the cake, with the ProShares Ultra Australian Dollar ETF trading under “GDAY,” the ProShares Ultr...
The Best of 2014
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2014 was the year of the robo-advisor and retirement security, according to Lauren Foster on the CFA Institute's Enterprising Investor blog. Foster said that looking forward to 2015, two broad th...
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A poll conducted by the Wall Street Journal’s Risk and Compliance Bureau found that Securities and Exchange Commission Chair Mary Jo White was the most feared regulator of 2014, just beating out Benjamin L...
Brokers have long been able to continue selling insurance after being barred or suspended from the securities industry—at least until insurance regulators got wind of it. But it looks as though they may get wind of it even sooner. The Financial I...
Corralling clients to do what you want - and what's in their best interest - is easier said than done. That's why financial advisors need to act as behavioral coaches with investors to get them through some of those tough times. Vanguard Investme...
Despite constant and vocal grumbling, national brokerage and wirehouse advisors have steadily increased their satisfaction ratings of firms’ compliance programs.
“I am terribly disappointed in the overwhelming compliance mandates that are being ...
David Tepper, the founder of Appaloose Management who topped Institutional Investor’s annual “Rich List” in 2013 by earning $3.5 billion, warned that 2015 is shaping up to look a whole lot like 1999, the year that the dotcom tech bubble caused ...
