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Two high-ranking Republicans are urging the Office of Management and Budget to conduct a full review of the Department of Labor’s fiduciary proposal. The DOL should give the public at least 90 days to review the proposal when it’s released, the l...
The Consumer Federation of America is fighting back on a bill aimed at delaying the Department of Labor’s fiduciary rulemaking, calling it “ill-conceived and dangerous legislation.”
In a letter sent Monday from Financial Services Counsel Micah H...
In his latest investment outlook, Bill Gross, portfolio manager at Janus Capital Group, tells bond investors how they can stay out of the doghouse, so to speak, when it comes to negative interest rates around the world. Negative yielding notes ...
(Reuters) - American Realty Capital Properties Inc , a commercial real estate investment trust, said it completed restating results for 2011, 2012, 2013 and the first six months of 2014...
Although new rules would not need specific Congressional approval, there is a danger lawmakers could separately pass legislation to delay or kill the plan.
Unconstrained bond funds are growing in popularity, mainly due to low interest rates and their ability to invest in a broad range of assets. But there are some downfalls as well, namely risks related to credit quality, currency fluctuations and...
Over half of advisors—54 percent—say they’ve been using “rep as portfolio manager” (Rep as PM) platforms for the past five years, managing investment portfolios across client accounts. Only about 10 percent of advisors surveyed say they don’t use...