Commission alert about possible abuses linked to subdivided account arrangements
Finra claims two B-Ds established inflated schedules and rates on securities' transactions; brokerages neither admitted nor denied the charges
In a surprising twist, the influential Democrat has helped slow down efforts to expand fiduciary duty
Among other things, NAPA to fight to keep tax breaks for retirement savings
Ten-year Treasuries up 28% this year as fed head has managed to keep consumer prices in check
Certain tax proposals President Barack Obama is seeking as part of his plan to help America “live within its means” would be especially damaging to a broad swath of financial advisory clients — and not just the superrich ones
Under-30 set say wealthy should put a higher tax rate than middle-income earners
More than 1,000 members of the National Association of Insurance and Financial Advisors lobbied members of Congress and their staffs to try to kill a Labor Department rule that would expand the definition of a fiduciary for those providing advice about retirement plans
Oct. 17 may not be known officially as Mulligan Day, but affluent investors who converted their conventional IRA to a Roth last year may want to consider a “do-over” and re-characterize their account by the deadline date
Three states still have more UHNW individuals than China and India combined; Asia should pass North America by in 2032
Bachus bill could stall in upper chamber, but observers say Finra lobbying effort might help push it through
SEC, NASA say number of complaints on the rise; $94B in accounts
A federal judge agreed with a 28-year veteran agent that he was muscled out of his book of business by The Allstate Corp.
SRO's boss will tell Congress self-regulator 'uniquely positioned' to monitor investment advisers
Texas man raked in more than $3.45M from alleged scheme
Regulator aims to impose fiduciary standard, compensation limits in bid to eliminate conflicts of interest
A controversial California bill that would punish firms for misclassifying employees as independent contractors was amended last week, lightening the compliance burden for broker-dealers
