President Obama Seeks New Rules for Brokers
The White House has called upon the Department of Labor to hold financial brokers and professionals to a higher Fiduciary Standard. The Fiduciary Standard is a simple yet important concept. Simply put, when advisors act as fiduciaries, they are placing …
Money Market Fund Reform
On July 23, 2014 the Securities and Exchange Commission (SEC) finalized new regulations that change the way some money market funds (MMF) operate. Money Market Funds are simply the cash reserves portion of an investor’s brokerage account. They provide liquidity – many investors will …
