Three top executives of leading IBD firms on fixing the fiduciary rule, how the demographic tides are working against them and why they should be more scared of Amazon and Google than each other.

“What you really need are computer geniuses who failed as algorithmic traders and are willing to switch sides,” said Brad Bennett, who was head of enforcement at the Financial Industry Regulatory Authority until earlier this year.

Robert Jackson Jr., one of the nominees to SEC commissioner, told a senate committee the SEC should take a “prominent oversight role” over the SRO.

Most TCA advisors had a positive view of the news and weren’t worried about potential competition with the company’s discount brokerage.

Abigail Johnson called for modernization of the policies around social media data retention.

TD Ameritrade clients can now make trades on Facebook Messenger, Popular Community Bank establishes a private banking division and a former NFL player says America has retirement crisis.

“We simply will not, and do not tolerate this type of behavior, from anyone,” Fidelity CEO Abby Johnson said in a video sent to employees.

CEO Greg Braca: "We’ve got loads of room to grow."

Ray Dalio noted wide disparities in factors including labor, retirement savings, health care, death rates and education between the top 40 percent and bottom 60 percent of the country.