(Bloomberg View) -- In January, Donald Trump had this to say when he was asked about whether he would release his tax returns: “I have very big returns, as you know, and I have everything all approved and very beautiful and we’ll...
The Department of Labor’s (DOL) “fiduciary rule,” likely to first take effect in June unless blocked by Congress or the courts, will deprive small savers of access to investment advice. For illustration, we can look to what...
What will become of the financial industry’s strongest indicator of integrity?
When the Department of Labor rolled out its final conflict of interest rule earlier this month, the big winners were middle-class workers and retirees who’ve managed to set aside modest savings to fund a secure and independent retirement. No...
(Bloomberg View) -- There was a lot of excitement on the Internet recently after the pseudonymous administrators of the finance-media website Zero Hedge were unmasked. Zero Hedge has become known as a source of cutting-edge news, rumors and...
(Bloomberg View) - Humans have a terrible track record of predicting financial crises in time to fend them off. Some computer scientists think that algorithms might help...
These changes will have a meaningful impact for those who, until now, have found it easy to use offshore financial vehicles to reduce their tax payments.
Opposing the fiduciary standard may be pro-Wall Street, but it's anti-small business.
Applying a fiduciary standard means the broker must put his customer's interests ahead of his own.
