FA News

Sliced Investing Rolls Out Alts Platform For RIAs

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Sliced Investing has broadened its online alternative investments platform with this week’s launch of a program focused on registered investment advisors.

Changes Ahead For Small-Business Retirement Plans

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About half the states are working to create government-sponsored automatic IRA plans that would enroll workers without access to employer-sponsored retirement plans.

Ex-Fund Manager Mark Bloom Gets Three Years In Fraud Case

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A fund manager who stole more than $20 million from clients and then sought leniency by helping prosecutors build fraud cases against ex-colleagues was sentenced to three years in prison.

Sorry Donald Trump, Mexico Says It Will Not Pay For Border Wall

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A spokesman for Mexico's president says there's no truth to Donald Trump's assertion that the nation would pay for a wall along the border between the countries.

Crude Oil Joins Beer And Whisky In Alberta’s 30-Loonie Club

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You can buy a lot for 30 loonies in Alberta. A case of Molson beer. A bottle of Alberta Premium whisky. And now a barrel of heavy crude.

Dudley Says He's Hopeful For Fed Rate Liftoff In 'Near Future'

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The Federal Reserve is approaching the moment when it can start raising interest rates and the exact timing will be dictated by incoming economic data, said New York Fed President William C. Dudley.

ITG Pays Record Settlement For Misusing Confidential Client Info

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Investment Technology Group and its affiliate AlterNet Securities used confidential client trading data to secretly trade against their own dark pool clients, the SEC said.

Interest Rates Are Already Hurting Mortgage REIT ETFs

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The threat of rising interest rates and a flattening yield curve have weighted on this group.

In Divorce And Custody Battles, Now It's About The Dog

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When couples split, custody is one of the hardest issues they have to resolve. And that goes for dogs and other furry family members as much as for children.

Deal Makers, PE Staff May Get Biggest Bonus Hikes

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Deal makers and employees at private equity firms are expected to receive the biggest bonus increases this year on Wall Street, according to a forecast by compensation consulting firm Johnson...

DOL Exec: Claims Of Ambiguities In Fiduciary Rule Being Used To Defeat It

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He took exception to industry contentions that advice should be subjected to a best-interest standard for investors while sales shouldn’t.

14,000 Pass Final CFA Exam

by FA Staff

The pass rate represents 53 percent of those who took the Level III exam, the CFA Institute says.

Employers Want To Retain Older Workers, Study Says

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Most employers are looking for benefits that will encourage mature workers to continue in the workforce, according to LIMRA.

Boston Marathon Survivor Tells Advisors: 'I Didn't Think I Was Going To Make It'

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Two survivors of the 2013 Boston Marathon bombing relived the event before an audience of advisors at LPL Financial's Focus conference last week.

Client Loan Leads To Guggenheim Being Fined $20M By SEC

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Guggenheim failed to disclose a $50 million loan an executive received from a client, breaching its fiduciary duty, the SEC says.

Why Dismal Pay Growth May Be Here to Stay

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It may be time for U.S. workers to lower their expectations about pay raises for good, if a chorus of economists are right.

New York City's 'Responsible Banking' Law Ruled Unconstitutional

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A New York City law that called for banks to document how well they meet the needs of low-income neighborhoods is unconstitutional, a U.S. federal judge has ruled.

U.S. Identifies Insider Trading Ring With Ukraine Hackers

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The insider trading ring used computer hackers to pilfer corporate press announcements and then profited by trading on the sensitive information before it became public, sources said.

Bond Strategists Pressed To Earn Their Keep

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The grand gurus of bonds can kiss the sweet life goodbye.