"Cursed" is how one commentator described the early drafts of the commission's proposed disclosure forms, a key component of the new best interest standard for brokers
FINRA announced on Thursday a major overhaul of its registration and disclsoure programs, including the Central Registration Depository that provides the backbone of BrokerCheck. The initial changes, which include a new WebCRD interface, go into effect June 30, and the full transformation is expected to be completed in 2021. ...
Volatility: Clients May Worry, But Advisors Aren't Phased The majority of clients (64 percent) are concerned about market volatility, according to a survey conducted by Schwab. Independent advisors say their clients are worried about volatility, according to the poll, driven by concerns related to rising interest rates, trade policy and domestic political uncertainty. ...
Are Your Clients Betting on the World Cup? Advisors can use the 2018 FIFA World Cup to connect with next gen clients. But if clients bring up gambling on soccer's biggest stage, advisors might also find it helpful to capable of fielding some basic questions about it, as sports betting quickly becomes legal in more states. ...
