In The News

Delingpole: Study Confirms Donald Trump Is Right – ‘Clean’ Energy Is the Worst

Source: Breitbart.com | By James Delingpole | October 14, 2020 Renewable energy is cripplingly expensive, hopelessly unreliable, massacres wildlife, destroys landscapes, destabilizes the grid, harms indigenous peoples, and causes climate change. But apart from that...

Money Manager or So-Called Advisor

In this educational video, Brian Rezny discusses the difference between REAL money managers and the so-called advisors that work in the big Wall Street firms, banks, and insurance company. If you are not working with a Fee-Only Fiduciary like Rezny Wealth Management...

Election 2020: Trump vs. Biden on Tax Policy

 Source: Financial-Planning.com | By Crowe LLP; Crowe.com While the coronavirus pandemic may have moved the upcoming presidential election off the front burner for much of the spring and summer, it’s bound to move back as the fall approaches. With that in mind, public...

Morgan Stanley to Pay $950K to Finra, Customers Over Alleged Churning

Finra says Morgan Stanley has agreed to pay $950,000 over alleged failures to supervise one of its brokers who churned client accounts. Source: FinancialAdvisoriq.com | By Alex Pedalka | August 14, 2020 From January 2012 through December 2017, the company allegedly...

DOL Abandons Its Statutory Mission to Protect Retirement Savers

In Deferring to the weak and ineffective SEC standard, the Labor Department is setting aside its much stronger mandate. Source: ThinkAdvisor.com | By Phyllis C. Borzi | July 29, 2020, at 2:21 PM When the Labor Department unveiled its draft retirement investment advice...

AIG Unit to Pay $40M Over 12b-1, Referral Fees Tied to Teacher Pensions

“Too often educators are targeted with misconduct related to their investments,” said SEC Chairman Jay Clayton. Source: ThinkAdvisor.com | By Melanie Waddell | July 28, 2020, at 10:34 AM Valic Financial Advisors agreed Tuesday to pay $40 million to the...

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