Elections

Financial industry expects quick action from Donald Trump to delay DOL fiduciary rule

Financial industry expects quick action from Donald Trump to delay DOL fiduciary rule

Financial industry lobbyists on Friday were expecting quick action by the Trump administration to delay a Labor Department investment advice rule.

January 20, 2017 | 03:50 pm
China and NAFTA members remain top trade partners

China and NAFTA members remain top trade partners

China, Canada and Mexico were the top U.S. trade partners in 2015.

January 20, 2017 | 03:01 pm
Steven Mnuchin says he will tackle tax loopholes, protect retirement savings

Steven Mnuchin says he will tackle tax loopholes, protect retirement savings

Steven Mnuchin, the nominee for Treasury secretary, tells a Senate confirmation panel that if confirmed he would work to simplify the tax code, including closing tax loopholes that permit offshore...

January 19, 2017 | 03:38 pm
CFTC enforcement division director to leave Feb. 3

CFTC enforcement division director to leave Feb. 3

Aitan Goelman, director of the CFTC's enforcement division, will step down from his post Feb. 3, the regulatory agency says.

January 19, 2017 | 01:24 pm
DOL's Borzi on the fiduciary rule: There is no going back

DOL's Borzi on the fiduciary rule: There is no going back

In her eight years serving in the Obama administration, Phyllis Borzi says her proudest accomplishment is the conflict-of-interest rule, which many Republicans in Congress now hope to repeal.

January 18, 2017 | 12:25 pm
How President Obama changed investing forever

How President Obama changed investing forever

For the first time, people seem to understand what the experts and better-informed investors have been trying to explain — that high fees and conflicts of interest are dangerous for anyone...

January 18, 2017 | 08:27 am
The world according to Trump

The world according to Trump

Here are three basic observations to keep in mind as one considers what the new Trump administration portends for the asset management industry.

January 17, 2017 | 11:55 am
SkyBridge Capital sells majority stake to HNA Capital (U.S.), RON Transatlantic

SkyBridge Capital sells majority stake to HNA Capital (U.S.), RON Transatlantic

RON Transatlantic EG and HNA Capital (U.S.) Holding will acquire a majority stake in hedge funds-of-funds manager SkyBridge Capital II.

January 17, 2017 | 01:20 pm