The Securities and Exchange Commission probably will let some proposed regulations governing financial advisors fade away, says Sanjay Lamba of the Investment Adviser Association.
Regulators alleged that Sean Kane, along with his father, misled their former clients in a variety of ways after they were dismissed from Waddell and Reed.
Financials climbed across the board in anticipation that a new Trump administration will take a friendlier approach to Wall Street than the current Biden administration.
Some stocks and sectors seem overpriced or at risk because of geopolitical uncertainty. Here's where investment advisors have been reducing their positions.
