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Glass-Steagall Act reintroduced to US SenateBY ALEX DUNNIN | THURSDAY, 9 JUL 2015 12:25PM
The Glass-Steagall Act that used to require US banking groups to separate their traditional activities from their investment management activities has been re-introduced into the US Senate.Read more: Glass-Steagall Act, SEC, US Senate, US banking groups, Regulatory, Senator Warren, GOP Senator John McCain, Big Wall Street institutions, Independent Senators Elizabeth Warren, Angus King, Bill, Century Glass-Steagall Act, Clinton Administration, Democrat, Federal Deposit Insurance Corporation, Great Depression, Harvard Law School professor, Maria Cantwell, SEC attorney Keir Gumbs, SEC chairperson Mary Jo White, Securities Exchanges Commission, Too-Big-to-Fail, Wall Street protagonist Senator Warren
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As he marks 90 days as chief executive, Matt Rady tells Financial Standard how, despite the industry exodus and the company's own challenges in 2021, financial advisers are increasingly turning to BT Financial Group.
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The former head of wholesale distribution at BNP Paribas Asset Management has taken on a similar role at MFS Investment Management.
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The Stockbrokers and Financial Advisers Association argues that potential reforms to education standards will put the industry on a level playing field with other professions.
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The local branch of the UN Principles for Responsible Investing has bolstered its team, hiring Spirit Super's general manager for strategy.
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