Bank Advisor

Labor Dept. plan to replace fiduciary rule catches flak from all sides

08/12/20

Banks and other financial firms say the proposal to reverse restrictions on investment advisers does not go far enough. Meanwhile, investor advocates say it would loosen necessary protections.

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Merrill Lynch partners with fintech on texting service

01/11/18

Banks have strictly controlled adviser-client text communications due to regulatory concerns.

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