In the days leading up to Congress' August recess, CUNA drew attention to the Credit Union Regulatory Improvement Act by putting actor Wes Johnson, playing a "banker" on the streets of Capitol Hill. In addition to grumbling about CUs live on the street, CUNA also filmed a video of the "banker" on youtube.com and delivered editorial cartoons to key members of Congress. In the first photo the "banker" performs "the money dance." In the second photo, the "banker" chats up a passerby, asking them if she "wants to pay fees for nothing."
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The CEO of a Michigan credit union was ousted after an AI-altered photo of her family wearing "Lake America" sweatshirts went viral, drawing criticism from Canadians.
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A Senate report found that 84% of 846 sanctioned Iran-linked wallets ran on USDT.
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As regulators lower regulatory hurdles, many advisors are seeking greater access to private investments, while asset managers and fintechs are trying to eliminate technical barriers keeping regular investors out.
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Private-placement life insurance can offer tax-free growth and alternative investments for ultrawealthy clients, but advisors warn it isn't right for everyone who can afford it.
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Betterment Advisor Solutions, formerly Betterment for Advisors and Betterment Institutional, is changing its platform fees into a tiered rate that begins at 0.20% for advisory practices with less than $10 million in the business, Betterment CEO Sarah Levy says.
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The guidance reflects a mortgage servicing rights market that has broadly included the customer value in refinancing for over a decade, experts say.
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