FA News

DOL Pushes Fiduciary Rulemaking Plan To December

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But the agency is still charging advisors who run afoul of compensation prohibitions.

Falling Rates Keep Real Estate ETFs Sizzling

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After getting drubbed in 2018, ETFs tied to the real estate market have rebounded with a fury.

529 Plans A Well-Kept Secret, Survey Says

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About 57 percent of Americans don't know much at all about 529 plans, the survey said.

NAPFA Names 2019 Award Recipients

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Giles Almond and John Bohnsack were honored by NAPFA for providing mentorship and education.

House Votes To Ease Rules For IRAs, Makes Fixes To Trump Tax Law

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The bill delays until 72 the age at which retirees must start withdrawing from IRAs.

California Man Accused Of $26.5 Million Crypto-Pyramid Scheme

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Some 20,000 investors were sucked into a scheme that promised e-commerce and cybercurrency riches, the SEC says.

SEC Halts Alleged $30M Ponzi Scheme Backed By 'Fancy Diamonds'

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The agency said the scheme, based in South Florida, involved more than 300 investors.

Almost 40% Of Americans Would Struggle To Cover A $400 Emergency

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Many households are in a fragile position financially, even in an economy with an unemployment rate near a 50-year low.

Is 'Freedom' An Investment Factor? It Is In This ETF

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The Alpha Architect Freedom 100 Emerging Markets ETF uses human and economic freedom metrics to build its portfolio.

House Bill Seeks End To Mandatory Arbitration Agreements

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A House bill restores consumers’ right to a jury trial against financial institutions for wrongdoing.

BlackRock Says Market Is 'Too Aggressive' In Pricing In Rate Cut

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The firm's chief fixed-income strategist said money managers are overreacting to geopolitical noise.

New York Broker-Dealer Found Liable For Fraud In Private Placement Offering

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The broker-dealer and its leadership offered investments found to have been fraudulent earlier this year.

States' Last-Ditch Bid To Kill Trump's SALT Cap Eroded By Data

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A lawsuit fighting state and local tax deduction caps gets undermined by strong economic data.

Emerging World's Three Biggest Stocks Are Now Down $170 Billion

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Three tech favorites have taken a beating during the China-U.S. impasse.

Citigroup Says Time To Get Out Of 10-Year Treasurys After Rally

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The rally has gone too far, say strategists, pointing out a double-bottom technical pattern.

MassMutual Names Mark Cover Head Of DCIO Field Sales

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Cover will head the defined contribution investment only field sales channel.

Sanders Revives Plan To Tax Stock, Bond And Derivatives Trades

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The tax would provide a disincentive for high-frequency trading, the presidential candidate's office said.

So Far, $1.57 Billion For Wall Yields 1.7 Miles Of Fence

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Customs officials had said the money would be used to update or build 80 miles of the border wall.

Mnuchin Says No Plan To Change Carried Interest Tax Treatment

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A change would require legislation, the Treasury secretary said.

Fed Minutes Signal Patience On Rate Moves For 'Some Time'

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Many members felt the recent dip in inflation was temporary.