Trump has yet to make his mark on the economy, top forecaster says June 13, 2017 | by Rex Nutting | MarketWatch President Donald Trump hasn’t yet made his mark on the U.S. economy, despite the euphoria on one side and the dread of the other that greeted his election, said Brian Wesbury, chief economist for…

Tech-Savvy Millennials Rewriting Financial Marketplace Rules, Says FINRA's Axelrod Industry must attract this cohort 'if we want to avoid the looming succession cliff,' says FINRA's regulatory chief June 13, 2017 | by Melanie Waddell | ThinkAdvisor  Tech-savvy millennials are “rewriting the rules of the financial marketplace,” with the banking industry at “the highest risk of disruption by…

Tax reform is noble goal—but hands off like-kind exchanges June 9, 2017 | by DAN WAGNER | Chicago Business Rarely do the interests of small businesses owners, multi-generational family farmers and a broad range of local entrepreneurs agree with almost a century of federal income tax policy—especially when it results in billions of dollars in…

DOL fiduciary rule: When advisers actively seek to use BICE Many advisers are embracing an exemption they've frequently derided, even though a less-contentious one is available for annuity sales June 14, 2017 | by Greg Iacurci | InvestmentNews.com To opponents of the Department of Labor's fiduciary rule, the best-interest contract exemption is something akin to the spawn…

Phoenix American Financial Services Announces Zane Doyle as New Vice President, Chief Strategy Officer For Business Development June 12, 2017 | Phoenix American Financial Services SAN RAFAEL, CA –Phoenix American Financial Services (PAFS) announced today that the company has hired Zane Doyle as Vice President, Chief Strategy Officer for Business Development. Mr. Doyle will be…

DOL fiduciary: The battle is just beginning InvestmentNews senior reporter Mark Schoeff Jr. gets the skinny on the next phase of the fiduciary rule's rollout. June 9, 2017 | InvestmentNews.com Joshua Aron Lichtenstein is an associate at Ropes & Gray LLP where he specializes in ERISA law. In addition, he represents some of the best-known…

House passes sweeping legislation to roll back banking rules June 9, 2017 | by Renae Merle | The Washington Post The Republican-led House on Thursday voted to free Wall Street from many of the constraints put in place after the 2008 financial crisis, the opening salvo in what is likely to be a protracted battle over deregulation…

Urban Dwellers Outnumber Rural Residents Worldwide For The First Time In 10 Years June 9, 2017 | by Erik Dolan-Del Vecchio | Bisnow Talk about turning tables. For the first time in 10 years more people live in urban cities than they do in rural areas throughout the world, according to a recent JLL Fringe Markets report. As of…

Economy Watch: Contrary to Expectations, Some Retailers Are Expanding June 1, 2017 | by Dees Stribling | Commercial Property Executive  While retail bankruptcies are at an all-time high, there are certain retailers that are still expanding, mainly in the off-price or discount category, according to a recent CBRE retail report. This is a time of retail…