Category: Investment News

Inside broker and insurance groups’ move to block the DOL fiduciary rule

Investment News Tamar Frankel, School of Law Professional groups representing the brokerage and insurance industries last week finally broke their silence on the Labor Department’s regulation to raise investment advice standards for retirement accounts by filing a lawsuit that could put the rule in limbo… Expert quote: “My sense is the court will freeze the […]

15 transformational events: Finra brings all brokers under one roof

Investment News Tamar Frankel, School of Law The creation of the Financial Industry Regulatory Authority Inc. in 2007 brought all brokers under the same regulatory roof, achieving a breakthrough for market self-policing… Expert quote: “It is built on its membership. Whenever brokers really care [about an issue], and Finra goes against them, they will trump […]