Before social media took over, there was this strange form of communication called face-to-face conversation. Two people would actually stand in the same room, look at one another and exchange thoughts and ideas through verbal interaction. For those of you who remember this form of communication, you may recall that...
Florida filing says Richard and Susan Olive bilked $75 million from more than 400 investors in more than 30 states.
Credit unions now have a new way to support consumer financial efforts in their own state and nationally.
The National Credit Union Foundation has a new way for credit unions to support state and national programs.
Many of us, including our members, wish we had a crystal ball to provide us with the answers to many of life’s questions.
Many of us wish we had a crystal ball we could use to provide us with the answers to many of life’s questions. In many respects, our members feel the same way.
The NCUA recently reiterated that guidance on best practices involving third-party brokerage arrangements is just that and does not carry the force of formal regulation.
Third-party brokerage arrangements for the sale of nondeposit investment products outlined in a recent NCUA guidance letter contain duties some federal credit unions may not have the ability to perform.
NACUSO said an NCUA letter on the third party brokerage arrangements for the sale of nondeposit investment products contains duties that credit unions may not have the expertise to perform.
Of the litany of regulations coming around the bend within the retail investment space, financial advisers said they are most concerned about the fiduciary standard and additional disclosure rules.