securities broker-dealers coverage News

Financial Industry Files Suit Against Obama Fiduciary Standard for Retirement Plan Brokers

Wall Street and business lobbying groups have teamed up to fight the Obama administration’s new rules for U.S. brokers managing retirement accounts, saying the regulations include a ” deliberately unworkable” fiduciary standard. The U.S. Chamber of Commerce joined groups including …

Markel Launches Captive Agents, Broker-Dealers Coverage, Adds Product Leaders

Markel Global Insurance, a division of Markel Corporation, has launched new product offerings and leadership for captive agents and securities broker-dealers coverage. The captive agents product covers the professional liability exposures of company-sponsored life and property and casualty insurance agents. …