A peek at leading indicators are signaling that further economic growth and stock market gains lie ahead, economic analysts say. In particular, manufacturing production and consumer confidence.
The SEC’s order found that Aegis failed to file SARs on suspicious transactions that raised red flags indicating the transactions were potentially related to the market manipulation of low-priced securities. “Aegis failed to meet its AML obligations to report suspicious activity, including when it was faced with specific information alerting the firm to…
The U.S. Attorney for the Middle District of Louisiana, Brandon J. Fremin, issued the following news release:. United States Attorney Brandon J. Fremin announced today the conviction of a Mandeville investment adviser who stole up to $1.5 million from investors in a widespread investment fraud scheme. On March 26, 2018, RALPH WILLARD SAVOIE, age 70, of Mandeville,…
The 350 Independent Marketing Organizations serving independent agents could shrink by 30 to 50 percent due to pressing regulation on several fronts, experts say. Many IMOs will be looking to buy or sell for the foreseeable future.
Planning experts offer advice on crafting a responsible retirement plan that takes into account sharply rising health care expenses. A retirement plan that shorts health care planning can leave a client high and dry, they say.
The National Association of Insurance Commissioners voted Saturday to accept more comments for 30 days on its best interest rule for annuity sales. The model law draft has drawn criticism from both sides for being both too tough and too lenient.
–Retirees and pre-retirees overwhelmingly express concerns about protecting retirement savings from stock market losses yet many say their primary investment goal is to grow rather than to preserve assets, according to a new study from Massachusetts Mutual Life Insurance Co.. “Both retirees and pre-retirees say they worry that a major downturn in the…
What if you have a client who needs to make a significant withdrawal during a bear market early in retirement? That scenario can devastate a nest egg, and avoiding it takes plenty of planning.
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) today released the findings from its fourth biennial report on Generation X and…
