The Department of Labor's "best interest" rule should be maintained, only without the enforcement provision of class-action lawsuits, says the U.S. Justice Department.
eMoney integrates CapitalROCK technology for DOL compliance, Envestnet Tamarac adds auditing capabilities, AssetMark launches a business assessment tool, and other wealthtech news.
The expected deregulation to come from the Trump administration is making banks more interesting while it's getting harder to make money in hedge funds.
One online lender hopes to lure millennials with avocado toast, Elizabeth Warren really loves HBO's "Ballers" and Clinton Portis says he contemplated killing his financial advisors.