Practice

Who will create and enforce a new, uniform fiduciary standard for not just brokers, but investment advisers, as well?

The majority of baby boomers intend to have a more active lifestyle in retirement than their parents, as well as a better standard of living.

AARP and Charles Schwab are partnering to offer AARP members financial guidance through Schwab.

The Securities and Exchange Commission has charged Connecticut hedge fund Michael Kenwood Group and its principal, Francisco Illarramendi, with misappropriating $53 millino on investors’ funds.

The London Stock Exchange has been working with British security services to investigate cyber attacks against it, that may have led to the postponement of a transfer to a new trading technology platform until February 14, according to a report in the Times of London.

The Municipal Securities Rulemaking Board plans to seek public comment on a series of new rules and interpretive guidance in the next four to six weeks, most of which stem from its new oversight of muni advisors

The Hartford has launched a new marketing campaign,” Two for Tomorrow,” advising Americans to take the 2% reduction in Social Security payroll taxes and use the money to boost their retirement savings.

A federal court has ordered the freezing of assets of a Stamford, Conn., investment adviser and hedge fund manager that has been charged with using $53 million from investors for his own benefit.

The Virginia Attorney General’s Office is considering whether or not to sue The Bank of New York Mellon for allegedly defrauding the state’s public pension fund by overscharging for foreign exchange transactions.

Baird has tapped three new professionals from the Gawelski Group to bring its Milwaukee wealth management group to 69 total.