February 7, 2012

Industry pushes back even before SEC makes money fund reform proposal

By Mark Schoeff Jr.

Sparks are already flying from the SEC's release of proposed reforms to money market funds, which are expected sometime within the next few weeks.

• money market funds,
• Securities and Exchange Commission (SEC)

February 7, 2012

PE firms lobbying hard to ensure carried interest carries on

Heavy lobbying effort to preserve 15% tax rate; 'constituency that Congress always cares about'

February 5, 2012

Finra amends complaint against David Lerner

By Dan Jamieson

Despite a pending Finra complaint against his firm, David Lerner has continued to pitch nontraded REITs improperly, according to an amended complaint filed in December by the self-regulator. In the amended filing, the Financial Industry Regulatory Authority Inc. went after Mr....

• Financial Industry Regulatory Authority (FINRA)

February 3, 2012

INsider: Advisers ignore Washington at their peril

By Mark Schoeff Jr.

Politics, or more specifically, lobbying, matters; 'they're going to be listening'

February 2, 2012

Finra challenges Schwab effort to stem class action claims

By Dan Jamieson

Finra claims that The Charles Schwab Corp. is violating rules by including in arbitration agreements a provision requiring investors to waive their rights to bring or participate in class actions against the firm.

• arbitration,
• Charles Schwab & Co.,
• class actions,
• Financial Industry Regulatory Authority (FINRA)

February 2, 2012

Labor Department unveils kinder, gentler fee disclosure regs

By Darla Mercado

Newly released final rule for disclosure to plan sponsors to kick in this July; controversial proposals dumped

February 1, 2012

Targeting ‘yield chasing,' Finra issues watch list

By Mark Schoeff Jr.

Regulator cracking down on risky or nontraded REITs, VAs and private placements; also zeroing in on B-Ds' fees

• Financial Industry Regulatory Authority (FINRA)

February 1, 2012

Broker brothers charged over alleged sale of 'funny paper'

By Liz Skinner

Wolfsons made millions off naked short selling of Chipotle Mexican Grill, SEC claims

• Securities and Exchange Commission (SEC)

February 1, 2012

GOP rep wants to kill the 'death tax'

By Liz Skinner

Rep. Tim Huelskamp from Kansas has proposed a bill that would permanently repeal the estate tax; Finra warns advisers about risky investments, while the SEC urges responsibility when using social media.

January 31, 2012

Finra amends complaint against David Lerner

By Dan Jamieson

David Lerner has continued to improperly pitch nontraded REITs, according to an amended complaint filed last month by the self-regulator.

• Financial Industry Regulatory Authority (FINRA),
• real estate investment trusts (REITs)