<i>Breakfast with Benjamin</i> The dust around SAC Capital has settled enough so that Steven Cohen has a new entry point into the asset management business.
Brokers may continue selling higher-cost proprietary products if they meet certain conditions.
They will need to marginally modify their policies and procedures, adjust client agreements and other documents, as well as provide additional client disclosures.
Emails show collaboration on strategy and event planning between the powerful lobby, the administration and Labor Department.
Changes will be felt most markedly in the retail market, where investors will serve as their own enforcement agents.
Final version includes a number of changes that address the most serious concerns of those who most vehemently criticized it.
The broker lobbying group also remains concerned about cost and limited investment choices for investors.
Advisers should weigh wealth management technology as an answer to their small-account woes.
Firms need to be proactive in conveying information to their advisers.
Three investment advisers who charge fees, commissions and by the hour for their services don't anticipate big changes at their firms.
Here are some ramifications the new rule may have on adviser movement in the industry.
Managing clients' employer-provided retirement plans increases revenue today and enhances your position on 401(k) rollovers tomorrow.
Uniformity, pressured large institutions are just two of the possible outcomes for automated investing services.
The rule is described as 'workable' and a political success, though implementation remains the biggest challenge ahead.
Plus: The downside of $15 minimum wage, testing your finance knowledge against NFL players, and keeping ID thieves in check
While many investment advisers and their organizations praise the rule, some who formerly advocated for it believe the final version doesn't go far enough to protect investors.
InvestmentNews' regulatory reporter Mark Schoeff Jr. discusses details of the new rule and the industry's early reaction.
Retirement plan advisers have an easier path to advising on rollovers and working with small 401(k) plans.
The SEC had a mandate to set a fiduciary standard, but failed to do so before the DOL.
Answers to common sources of confusion or misunderstanding about the new regulation.
