Articles by Karen Riccio

What Happens When the US Fed Dumps $4.5 Trillion in Bonds?

By Karen Riccio on September 4, 2017

The $2.7 trillion in Treasury bonds and $1.8 billion in mortgage securities the U.S. Federal Reserve built up in the wake of the 2008 financial crisis may have saved the banking system from collapse and spawned…

Generating Income in Today’s Low Interest Rate Climate Takes Creativity

By Karen Riccio on July 19, 2017

Investors who risked even a single penny in the stock or real estate markets over the past 17 years understand intimately the pain of losing money and how it can alter their mindset. If they deny…

Central Banks Are Doing the Unthinkable – Buying Stocks

By Karen Riccio on June 19, 2017

Low interest rates are a borrower’s best friend, a fixed-income investor’s worst nightmare, and one reason many people suggest the integrity of global stock markets is in serious jeopardy. It’s one thing when a group of…

The DOL’s Fiduciary Rule Still in Limbo

By Karen Riccio on June 7, 2017

With U.S. President Donald Trump past the official 100-day honeymoon period of his first term, I’d like to be able to report a little more certainty on the fate of the Department of Labor’s (DOL) fiduciary…

Fighting Cybercrime with Technology and Employee Training

By Karen Riccio on May 15, 2017
Cybercrime Training

Investment firms and financial companies are constantly under the microscope of regulatory agencies to prove that adequate security controls are in place to protect sensitive client data and accounts. To most CEOs, that means adhering to…

Big Data Makes Big Differences for Financial Firms

By Karen Riccio on March 20, 2017
Big Data Greece

The collection of data goes all the way back to ancient times when the Library of Alexandria in Egypt served as the world’s hub for every papyrus scroll—estimated up to 700,000 or the equivalent of 100,000…

Asset Management Firms Still Guilty of Complex Online Content

By Karen Riccio on January 30, 2017

Back in 1998, the U.S. Securities and Exchange Commission (SEC) published “A Plain English Handbook” to help the financial industry simplify documents both online and in print. Riddled with jargon, unnecessarily long words and run-on sentences,…

How Will Trump’s Focus on Deregulation Affect Asset Management?

By Karen Riccio on December 28, 2016
trump deregulation

By now, the world is well aware that Americans voted President-elect Donald Trump into office, and he’s making waves and promises to overturn many of the previous administration’s policies even before being sworn in this coming…

Sellers of Annuities Beware

By Karen Riccio on November 29, 2016

There’s always been a lot of trash talking surrounding annuities and the advisors who sell them, but it’s grown even dirtier and louder with the changes to fiduciary law set forth by the U.S. Department of…

Are Smart ETFs Too Good to Be True?

By Karen Riccio on October 19, 2016

One of the first rules we are encouraged to follow as investors is “if it sounds too good to be true, it probably is.” For me, the jury is still out on whether smart beta ETFs…

Technology May Be Fiduciary-Bound Advisors’ Saving Grace

By Karen Riccio on September 13, 2016
Technology May Be Fiduciary-Bound Advisors’ Saving Grace

Welcome to part two of the two-part series that addresses the new fiduciary rule recently handed down by the U.S. Department of Labor, looking at the effect it is having on the financial industry, and how companies…

How the New DOL Fiduciary Rule Is Disrupting the U.S. Advisory Landscape

By Karen Riccio on August 23, 2016

When the U.S. Department of Labor recently changed the rules of the financial advisory game, you would have thought the sky was falling based on the knee-jerk reactions from many in the business. Personally, I jumped…