What I found most interesting about the report is the extent to which younger and lower-asset investors were relying on social media for investment information, rather than on broker-dealers or investment advisers  This is certainly not entirely surprising.  Large numbers of younger investors do not have wealth that would make them attractive clients for investment advisers charging based on assets under management.

The fact that such investors do not obtain information from…

Even if its past the New Year, it's not too late for firms to update their list of resolutions, and it certainly makes sense to tailor those resolutions to FINRA's list of concerns.

The tone of SIFMA's letter strongly suggests that there is an industry willingness to challenge the DOL in court should it proceed with the proposal in its current form.

This speech is an indication that at least some of the most important bank regulators may be returning their attention to financial risk and away from climate risk (see also ."). That is a positive development, but not yet the norm. To a remarkable extent, bank regulators remain distracted, continuing to focus on climate risk after a year in which there were major bank defaults caused by plain-old-fashioned-boring inflation and interest risk. (See, e.g., .)

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