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Why Advertising “Conflict-Free” Advice Could Violate The SEC’s Marketing Rule

Nerd's Eye View

However, despite the large number of potential conflicts that exist for advisory firms, much of the financial media and the general public tend to focus specifically on the conflicts caused by commission-based fee models.

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Performance Advertising Guidelines For Investment Advisers Under the SEC’s New Marketing Rule

Nerd's Eye View

For investment advisers looking to attract prospective clients, advertising the performance of their investment strategies would be a logical way to market their services (at least if they had strong historical returns!). Two final prohibitions under the Marketing Rule include restrictions on the use of predecessor performance (e.g.,

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: European Commission says it may want to break up Google’s ad-tech business

MarketWatch

The European Commission said it’s taken a preliminary view that Google has breached antitrust rules in the advertising technology industry and that only a divestment of part of its services would address concerns.

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Thursday links: avoiding permanent losses

Abnormal Returns

pionline.com) Advertising If the economy were bad, companies would be cutting back on advertising. cnbc.com) Is change finally coming to realtor commissions? (carsongroup.com) Fund management Why it's hard for investors to quit Blackrock ($BLK). riabiz.com) Vanguard is finalizing its exit from China. youngmoney.co)

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Fee-Only vs. Commission-Based Information

Inside Information

They’re expected to write two or three articles a month on preconceived topics and are told not to p**s off the advertisers—or the audience. This decreasingly relevant text is used to lure you into an environment where they can sell your attention to their advertisers.

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Weekend Reading For Financial Planners (September 14–September 15)

Nerd's Eye View

Which means that while many fee-only RIAs use the reduced conflicts that come with the fee-only model (as opposed to firms that receive compensation from commissions and other sources) as a key marketing talking point, the fact remains that being truly 'conflict free' is nearly impossible and such claims (which are hard to substantiate) appear to be (..)

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: European Commission says WhatsApp agrees to terms of service and privacy changes

MarketWatch

The European Commission said Monday that the WhatsApp unit of Meta Platforms META has agreed to be more transparent on changes to its terms of service and make it easier for users to reject updates when they disagree with them. The agreement follows complaints over WhatsApp changes to terms of service and privacy policy.