Shareholders are getting angrier, or so it seems. Securities class-action lawsuit filings were up 17 percent in the first half of 2016. Between January and June, plaintiffs filed 119 new federal securities class action suits seeking damages over...
Retirement plan keepers embracing the fiduciary rule. | Copyright Alex Wong, Getty Images
Many advisors not currently operating under a fiduciary standard were unhappy when the Department of Labor finalized its conflict of interest rule in Apr...
(Bloomberg) -- Ten miles south of downtown Atlanta, in an anonymous business center overlooking the airport, sits the headquarters of what, on paper, is a hedge-fund powerhouse...
Fidelity Charitable, the custodian and discount brokerage’s donor advised fund, has launched a new program to teach advisors how to develop philanthropic strategies for clients. The firm's new Charitable Planning Practice Management...
Lee Kranefuss launched iShares in 2000, when there were a mere 40 ETFs. Now, there are over 6,000 ETFs globally, according to BlackRock estimates. And while Kranefuss no longer works at iShares, he’s trying to help advisors make sense of the...
While the Department of Labor’s recent fiduciary ruling was aimed primarily at retirement investment advisors, including consultants, broker/dealers, insurance agents and IRA providers, it contains plenty of directives that are keeping plan...
With no end in sight to the regulatory clampdown, the financial services industry itself is changing structurally
(Bloomberg) -- Beware, oil bulls: Just as U.S. oil production sinks low enough to drain supplies, demand is about to fall off a cliff...