Goldman Sachs settles to make its scandal die, and Congress passes financial services reform. What does it mean for RIAs? Not much, yet.
In an attempt to sway new regulations on the fiduciary standard, an advocacy group releases a video of Goldman Sachs execs' worst moments before a Senate committee
Jeff Spears
I know there are a lot of remaining questions to be answered, but the largest positive in my opinion is that “most” OTC derivatives will need to be traded on a public exchange. Public price discovery is a HUGE win and improvement for individual investors!
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Farther exhales then reveals that it has poached 10 advisors from Goldman Sachs since September, not without trepidation about poking the squid
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