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Trump adviser, Nasdaq CEO among 2016’s most influential in financial services January 5, 2017

Trump adviser, Nasdaq CEO among 2016’s most influential in financial services

Trump adviser, Nasdaq CEO among 2016's most influential in financial services Dec 30, 2016 | By Matthew Rybaltowski | S&P Global Market Intelligence A pair of political shocks stemming from the outcome of the U.S. presidential election and a landmark U.K. referendum dominated headlines in the financial services industry in 2016. The U.S. Department of Labor's…
Jay Clayton as Next SEC Chairman January 5, 2017

Jay Clayton as Next SEC Chairman

Jay Clayton as Next SEC Chairman January 5, 2016 | by James Sprow | Blue Vault President-elect Donald Trump plans to nominate Jay Clayton, a partner in Sullivan & Cromwell LLP, to be the next chairman of the Securities and Exchange Commission. Clayton has worked with Wall Street firms to do M&A deals, prepare initial…
Coming off a disastrous 2016, sales of nontraded REITs could bounce back in 2017 January 4, 2017

Coming off a disastrous 2016, sales of nontraded REITs could bounce back in 2017

Coming off a disastrous 2016, sales of nontraded REITs could bounce back in 2017 Newly designed products and Blackstone Group's entrance into the industry could pump up the market Dec 27, 2016 @ 12:16 pm | By Bruce Kelly | Investment News After a disastrous 2016, industry analysts and executives are cautiously optimistic that sales of nontraded…
SEC Offers Guidance on DOL Fiduciary Rule Compliance January 4, 2017

SEC Offers Guidance on DOL Fiduciary Rule Compliance

SEC Offers Guidance on DOL Fiduciary Rule Compliance Since the DOL conflict of interest rule’s publication, mutual fund providers and their adviser-intermediaries have also been asking the SEC extensive questions about sales loads, fee schedules, etc.  By John Manganaro EDITORS@ASSETINTERNATIONAL.COM | December 30, 2016 The Securities and Exchange Commission (SEC) will not be in charge…
Multifamily Developers Eye Housing For Seniors January 4, 2017

Multifamily Developers Eye Housing For Seniors

Multifamily Developers Eye Housing For Seniors DECEMBER 28, 2016 | BY BRIAN J. ROGAL CHICAGO—The demographic trends look good for the sector, and many multifamily developers feel senior housing is a natural extension of their core business. The Sheridan at Mason, a new seniors community in Mason, OH, that CA Ventures will open in 2017.…
Amy Webber to replace Eric Schwartz as CEO of Cambridge Investment Research January 3, 2017

Amy Webber to replace Eric Schwartz as CEO of Cambridge Investment Research

Amy Webber to replace Eric Schwartz as CEO of Cambridge Investment Research Mr. Schwartz will still be involved as executive chairman of the independent broker-dealer he founded Jan 3, 2017 @ 12:54 pm | By Bruce Kelly | Investment News Eric Schwartz, the founder of independent broker-dealer Cambridge Investment Research Inc., has stepped down as the firm's…
‘The Liquidity Is Still There’ December 20, 2016

‘The Liquidity Is Still There’

‘The Liquidity Is Still There’ SOUTHFIELD, MI—Berkadia’s Ernie Katai considers the long-term implications of the Federal Reserve’s apparent new stance on rate increases from the standpoint of a lender. December 19, 2016 | by Paul Bubny | GlobeSt.com Over the past five days since the Federal Reserve’s Federal Open Market Committee closed out 2016 with…
Finra enforcement chief Brad Bennett to resign December 20, 2016

Finra enforcement chief Brad Bennett to resign

Finra enforcement chief Brad Bennett to resign Susan Schroeder, deputy head of enforcement, will take his place on an acting basis while regulator conducts a search for permanent replacement Dec 15, 2016 @ 10:53 am | By Mark Schoeff Jr. | Investment News Finra pursued broad, sweeping cases and also ramped up its crackdown on smaller violations…

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