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• Sale of partnership assets to disqualified person not self-dealing—In Private Letter Ruling 201510050 (March 6, 2015), the Internal Revenue Service ruled that the sale of assets by a partnership (the partnership), partly owned by...
Robos are for everyone. | pxel66/iStock/Thinkstock
A majority of high-net-worth investors feel confident about the U.S economy, with about a quarter saying they’re confident enough to explore online financial advice tools. While wealthy m...
The SEC's 17-member Market Structure Advisory Committee includes representatives of fund companies, an exchange, off-exchange trading venues, dealers, and academia, among others.
Everyone's welcome. | Copyright Justin Sullivan, Getty Images
Wells Fargo and TIAA-CREF are among the top U.S. companies with the most diverse workforce. The two financial services instructions landed in the eleventh and thirty-seventh spo...
(Reuters) - Canadian Imperial Bank of Commerce (CM.TO) is in talks with several U.S. companies on a potential $2 billion wealth-management and private-banking acquisition, its top executive said in an interview...
While securities regulators say self-reporting offenses and cooperating with authorities may help advisors and firms get off easier, industry lawyers say there are negative consequences, including reputational damage and costly internal...
Man vs. Machine
In the ongoing debate about robo-advisors, one argument that technology detractors like to fall back on is that an algorithm can’t provide the same service as a flesh-and-blood advisor. MarketWatch decided to put that idea ...