#brokers — Public Fediverse posts

This time, the resulting clash centers on a basic question: Should federal #law require more #financial professionals to put #retirees’ needs above all else — including their own paychecks — when they offer advice about how to #invest?

In April, the #Labor Dept finalized rules that would subject a wide array of #brokers to a higher #legal standard, requiring them to act as #fiduciaries.

#law #PublicInterest #Retirement #ethics

#InsuranceLobbyists block #federal crackdown on costly [good] #retirement advice

The #FinancialServicesIndustry has blocked the #Biden admin from requiring #brokers to put #retirees’ needs first — above lucrative #commissions.

To protect older Americans’ #LifeSavings, #POTUS #JoeBiden pledged in Oct to crack down on #financial advisers who recommend #investments just because they pay higher commissions. Then the insurance industry got to work.

#law
https://www.washingtonpost.com/business/2024/08/11/insurance-lobbyists-block-fiduciary-rule/

The #kerfuffle this week about #GM's practice of collecting #drivers' behavioural #data and then providing it to #data #brokers (causing some to have their insurance costs raised) brings up one of my pet #peeves.

#Journalists, can you please stop writing "<company> shares data with <data broker>"? They're not "#sharing" anything - they're #selling it.

"GM is selling drivers' behavioural data to LexisNexus" is a much more accurate statement. Why are you doing companies' PR for them?

Tel Aviv Stock Exchange Takes Steps to Allow Crypto Trading - Israel’s public stock exchange is suggesting regulatory amendments that would perm... - https://news.bitcoin.com/tel-aviv-stock-exchange-takes-steps-to-allow-crypto-trading/ #cryptocurrencies #serviceproviders #cryptocurrency #intermediaries #consultations #cryptotraders #cryptotrading #digitalassets #stockexchange #cryptoassets #regulations #regulation #proposals #exchange #brokers #clients #israeli #telaviv #crypto

Royal revendique des attaques informatiques à l'encontre de:

• 🇦🇺 Carinya Christian School (carinya.nsw.edu.au)

• 🇺🇸🇨🇦 Livingston International, Inc. (livingstonintl.com)

• 🇺🇸 Kazarosian Costello LLP (kazcolaw.com)

#usa #australia #canada #education #ransomware #brokerage #royal #enrolment #students #virtual #learning #school #tracks #shop #vouchers #scholar #tracking #brokers #shipments #vehicules #clients #strategic #monitor #legal #safety #airports #employees #lawyers #litigation #team #shoppers #attorneys #trades #chain #transportation #business #freight #customers #records #compliant #seaports #firms #partnership #boarders #software #management #solutions #market #informatique