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SIFMA – Wealth Management. Industry Welcomes Reg BI. Regulation Best Interest, the much-anticipated regulation from the SEC, has been finalized and will impose a materially heightened standard of conduct for broker-dealers when serving retail clients. Here, we explain the financial industry’s support for the key investor protection elements of the rule.
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Opponents Label Detroit Emergency Manager An Uncle Tom’ – Tom Barrow, President of the group Citizens for Detroit’s Future, said the state’s emergency manager law was created to oppress. “. My fellow Detroiters, you must never stop resisting for now Detroit,
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Fed Taper Brings Risk to Mortgage Bonds Unseen in Treasuries – For all the talk that Janet Yellen’s plan to shrink the Federal Reserve’s balance sheet will hurt Treasuries, U.S. mortgage bonds. tripling from 2016’s low, Bloomberg data show. Firms including.
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