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Investment advisers beware: the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) is coming with a new anti-money laundering and countering the financing of terrorism (AML/CFT) rule – and this time there may be no escape. FinCEN’s proposed rule would make registered investment advisers (RIAs) and exempt reporting advisers (ERAs) subject to the Bank Secrecy […]

We’ve all suffered from buyer’s remorse. That sickening feeling is bad enough when you’ve overspent on a pair of shoes that, upon reflection, don’t fit properly and are unlikely to use. But when the decision determines your livelihood, the consequences of making a mistake will be a whole lot harder to stomach. System purchases are […]