Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

From Hawaii To Italy, Free Trips Fuel Retirement Savings Sales Push

FYI: (This is a follow-up article.)

Financial firms that reward salespeople with free vacations for promoting retirement investments — including some high-fee products — are pressing the Securities and Exchange Commission for leniency in a looming rule covering sales practices.

On April 18, the SEC is scheduled to propose new regulations for financial advisers who offer savings products such as mutual funds and variable annuities.
Regards,
Ted
https://www.politico.com/story/2018/04/16/from-hawaii-to-italy-free-trips-fuel-retirement-savings-sales-push-474525
Sign In or Register to comment.