Wealth Management

MARCH 6, 2023

Fiduciary RPAs paid additional fees from manufacturers or through proprietary products have no place in today’s transparent fiduciary world.

Commission 105

Commission Manufacturing 105

MarketWatch

MARCH 6, 2023

The European Commission said Monday that the WhatsApp unit of Meta Platforms META has agreed to be more transparent on changes to its terms of service and make it easier for users to reject updates when they disagree with them.

Commission 40

Commission Advertising Marketing Marketing 40

Mish Talk

OCTOBER 8, 2022

Chart by California Energy Commission, annotations by Mish. California Energy Commission Goes After Valero Please note CEC Chair David Hochschild Responds to Recent Gasoline Price Spikes. "As Gasoline Breakdown Chart by California Energy Commission. increase in what refineries charge for every gallon of gas Californians buy.

Commission 351

Commission Marketing Marketing Economics 351

The Big Picture

APRIL 28, 2023

Presidential Task Force on Market Mechanisms (Brady Commission) for the U.S. He was the founding Trustee of the Robin Hood Foundation in 1988He was also Chairman and CEO of Computer Trading Corporation, an investment and advisory firm whose largest consulting client is the Canadian Imperial Bank of Commerce (CIBC).

Investing 259

Investing Investments Commission Banking 259

Wealth Management

MAY 17, 2023

Panelists spoke about advanced analytics’ impact on the industry during FINRA’s annual conference, while SEC Chair Gary Gensler said he’d asked commission staff to consider recommendations on rules for predictive data analytics conflicts.

Commission 124

Commission 124

Mish Talk

SEPTEMBER 6, 2022

Reuters reports EU Commission Seeks Emergency Powers on Supply Crisis With Threats of Fines. The European Commission is seeking emergency powers to force companies to make key products and stockpile goods in a crisis or else face fines, according to an EU document seen by Reuters on Friday. Image from Tweet below, caption mine.

Commission 222

Commission Economics Accounting Consulting 222

Wealth Management

MAY 5, 2023

Classic Asset Management will pay more than $933,000 to settle charges with the commission. The settlement comes several months after the SEC’s Exam Division cited leveraged ETFs as a main area of focus.

Commission 105

Commission Assets Management 105

Wealth Management

APRIL 20, 2023

The commission unveiled the latest in a series of guidance from SEC staff to better equip firms in meeting the care obligations of Regulation Best Interest.

Commission 111

Commission 111

Wealth Management

APRIL 18, 2023

The robo advisor failed to tell some clients its tax-loss harvesting service only checked accounts on alternating days and not daily, as some materials claimed, according to the commission.

Taxes 105

Taxes Commission Clients Accounting 105

MarketWatch

APRIL 17, 2023

Securities and Exchange Commission on Monday charged crypto trading platform Bittrex Inc. investors as a broker, exchange and clearing agency without registering these activities with the Commission, in violation of the law. The SEC alleged that Bittrex earned at least $1.3 billion in revenue between 2017 and 2022 serving U.S.

Commission 98

Commission Compliance Marketing Marketing 98

Nerd's Eye View

OCTOBER 3, 2022

While the growth of DPL’s marketplace may itself usher in a greater level of annuity competitiveness, as companies are forced to compete for RIA attention not by offering the biggest commissions but by offering the best features and benefits to get through the RIA-as-gatekeeper.

Financial Planning 214

Financial Planning Financial Advisor Commission Valuation 214

Mish Talk

DECEMBER 22, 2022

The Securities and Exchange Commission and Commodity Futures Trading Commission also sued Ms. Ellison, 28 years old, pleaded guilty to seven counts, including wire fraud and conspiracy to commit securities fraud, according to her plea agreement, which was signed Monday. Mr. Wang, 29, pleaded guilty to four counts, including wire fraud.

Assets 203

Assets Commission Economics 203

Mish Talk

SEPTEMBER 8, 2022

Robin Hood Energy Proposal European Commission president Ursula von der Leyen blames Russia for being an "unreliable supplier" then lays out Five Measures to Tackle Energy Crisis. Others, including Poland and Italy, want the Commission to go further and cap the price of all gas imported into the EU. Image courtesy of Euractiv.

Commission 185

Commission Government Economy Numbers 185

Wealth Management

MARCH 16, 2023

" The commission also proposed updates to cybersecurity rules for brokers. The Investment Adviser Association, the trade group for RIAs, said it appreciated the additional time and was worried about the “interrelatedness of the SEC's current proposals."

Commission 111

Commission Investing Investments 111

Abnormal Returns

FEBRUARY 26, 2023

Sentencing Commission show judges rejected more than 80% of compassionate release requests filed from October 2019 through September 2022. (morningstar.com) Medical debt plays a big role in why the South has lower credit ratings on average. washingtonpost.com) Urban areas can't grow without new housing. bloomberg.com) Data from the U.S.

Financial Advising 242

Financial Advising Ethics Commission License 242

Calculated Risk

JULY 29, 2022

According to the Bureau of Economic Analysis, RI includes new single-family structures, multifamily structures, home improvement, Brokers’ commissions and other ownership transfer costs, and a few minor categories (dormitories, manufactured homes). Brokers' commissions were unchanged year-over-year in Q4 (down as a percent of GDP).

Commission 145

Commission Investing Investments Economics 145

Wealth Management

MARCH 2, 2023

The commission charged Kevin Kane and Sean Michael Kane for defrauding clients after they were fired from Waddell & Reed by telling them they left voluntarily.

Clients 105

Clients Commission 105

Ron A. Rhodes

MARCH 18, 2023

While the SEC has provided an interpretative release [SEC Release IA-5248, Commission Interpretation Regarding Standard of Conduct for Investment Advisers (July 12, 2019)] regarding the fiduciary duties of investment advisers,…

Fiduciary Duty 73

Fiduciary Duty Investing Investments Commission 73

MarketWatch

MAY 17, 2023

The Irish Data Protection Commission, which oversees the EU operations of most Silicon Valley firms, is also expected to order Meta to cease all data transfers to the U.S. META is bracing for a record privacy fine from the European Union for failing to comply with a court warning intended to protecting consumers’ data from U.S.

Commission 98

Commission Marketing Marketing 98

The Big Picture

MAY 13, 2023

The Intrinsic Perspective ) • The Time Thief Who Stole 106 Rare Clocks in a Daring Heist : Authorities eventually recovered 96 of the lost timepieces, including a $30 million watch commissioned for Marie Antoinette. Stratospheric IQs are like leprechauns, unicorns, or mermaids. (

Economy 245

Economy Commission Investing Investments 245

Wealth Management

FEBRUARY 28, 2023

Mercer CEO Dave Welling says the new brokerage will help it better serve prospective clients and M&A prospects with long-standing commission-based assets at outside broker/dealers.

Assets 98

Assets Commission Clients 98

Wealth Management

FEBRUARY 7, 2023

The commission claims Joshua Coleman raised more than $200 million in loans, opening multiple lines of credit and using clients’ funds without permission.

Clients 105

Clients Assets Commission 105

MarketWatch

MAY 22, 2023

billion) by Ireland’s Data Protection Commission, according to reports. Meta Platforms META was fined a record €1.2 billion ($1.3 The fine was over allegations Facebook didn’t ensure data transfers from Europe to the U.S. had appropriate safeguards.

Commission 75

Commission Marketing Marketing 75

Wealth Management

JANUARY 18, 2023

For IBD advisors who don’t choose the retirement route, many say they’ll focus on their own RIA business, if they’re reclassified by the DOL as employees, according to a new survey commissioned by FSI.

Retirement 105

Retirement Commission 105

Good Financial Cents

FEBRUARY 15, 2023

Schwab Minimum initial investment: $0 Commissions & fees: $0 for stocks, options, and ETFs; over 4,000 commission-free mutual funds. Ally Invest Minimum initial investment: $0 Commissions & fees: Commission-free trades of stocks, ETFs, and options (plus a $0.50 Get Started with Vanguard 4.

Investing 81

Investing Investments Portfolio Commission 81

Wealth Management

MAY 3, 2023

Anthony Fletcher's lawsuit claims that Morgan Stanley hired his candidates without his knowledge, depriving him of commissions.

Recruitment 72

Recruitment Commission 72

Abnormal Returns

DECEMBER 12, 2022

techcrunch.com) The latest financial advisor technology news including the spread of commission-free annuities. (thinkadvisor.com) Startup Ocho wants to make it easier for business owners to have a solo 401(k). kitces.com) When is 'superfunding' a 529 plan the right move? thinkadvisor.com).

CFP 130

CFP Tax Planning Financial Advisor Financial Advising 130

Abnormal Returns

OCTOBER 25, 2022

allocatesmartly.com) Commission rates have a big effect on retail trading behavior. (institutionalinvestor.com) Research Why trade Bitcoin when you can trade the Nasdaq. dualmomentum.net) Which defensive assets perform best when the S&P is down? papers.ssrn.com) Do women-managed mutual funds vote differently?

Commission 130

Commission Portfolio Assets Retail 130

Wealth Management

FEBRUARY 23, 2023

A Securities and Exchange Commission proposal to overhaul how mutual-fund shares are priced has provoked fierce opposition.

Commission 99

Commission 99

Nerd's Eye View

JULY 18, 2022

But these positions are often tenuous for new advisors, with extremely high failure rates, driven in large part by compensation that is reliant primarily on commissions from product sales.

CFP 187

CFP Financial Advisor Sales Certification 187

MarketWatch

DECEMBER 14, 2022

China's National Health Commission scaled back its daily COVID report starting Wednesday, after a decline in PCR testing as the government eased restrictions, the Associated Press reported.

Government 98

Government Commission Numbers Marketing 98

Nerd's Eye View

FEBRUARY 3, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the SEC has issued a risk alert outlining Reg BI-related deficiencies discovered during recent examinations of broker-dealers, from dual-registered advisors not clearly communicating whether they were acting (..)

Financial Planner 175

Financial Planner Financial Advisor Retirement Planning Medicine 175

Wealth Management

JANUARY 19, 2023

Blackstone Real Estate Income Trust and Starwood Real Estate Income Trust have said they would limit redemptions, moves that spurred queries by the US Securities and Exchange Commission.

Commission 99

Commission Investing Investments 99

Nerd's Eye View

DECEMBER 16, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that CFP Board is forming a Competency Standards Commission in 2023 to review and evaluate its competency requirements for Education, Examination, Experience, and CE, which represents an opportunity for CFP Board (..)

Financial Planner 224

Financial Planner CFP Financial Advisor Retirement 224

The Big Picture

AUGUST 26, 2022

In 1938, Ford commissioned a one-off design from company Chief Stylist Eugene T. The Lincoln Continental began life as a personal vehicle for Ford Motor Company President Edsel Ford. Bob Gregorie.

Commission 221

Commission Engineering 221

MarketWatch

MARCH 14, 2023

DXC agreed to pay an $8 million penalty and tighten up its financial reporting protocols after the Securities and Exchange Commission accused the company of making “misleading disclosures” related to its financials from 2018 to 2020, the agency said on Tuesday. The commission found that DXC violated anti-fraud and financial reporting laws.

Commission 75

Commission Accounting Marketing Marketing 75

Wealth Management

OCTOBER 17, 2022

According to the commission, Keith Springer and his firm used “deceptive marketing” via ads and his radio show to attract investors, many of whom were retirees.

Clients 105

Clients Retail Commission Marketing 105