As Wall Street marks the one year anniversary of the market meltdown, let’s go back and revisit some of the stories from the past week.
Turmoil usually causes change, but DealBook argues that the changes are hard to find on Wall Street.
President Obama spoke with Wall Street yesterday about his financial reform plan; however some feel the window for change is closing.
In addition to the financial reform plan, the Obama administration also released an initiative to make retirement savings easier for individuals and small businesses.
The money market fund guarantee program will come to an end next week. The program was initiated last year during the market meltdown.
Obama’s financial reform plan calls for the “harmonization of regulation of investment advisers and broker-dealers.” Fi360’s Blaine Aikin examines the benefits of this process for broker-dealers in his Fiduciary Corner column.
You can also hear Blaine this week in the Financial Advisor Webinar Series. He will cover the topic of “Regulatory Reform: Will you be a Fiduciary?” this Friday, September 18th at 4:00 pm EDT.
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