Reflecting on SEC Chair White's focus on advisors, Ponzie scheme uncovered involving Hamilton tickets and Will Danoff to manage Fidelity Insights Class Fund.
It would be a mistake to assume that most individual investors today are out of equities. Instead, small investors adapted rather well to the new market reality.
Forty-five percent of advisors plan to increase their allocations to ETFs, and nearly a third expect to boost allocations to passive investment products as a result of the DOL rule, Cerulli research shows.