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
Claim possible appointment of SRO to oversee advisers could end up costing investors; regulator insists it's 'natural organization to be part of the solution'
A pair of registered representatives with Planmember Securities Corp. in Texas face the loss of their securities licenses and fines of $100,000 each for the improper sale of life settlement notes.
Older Americans also took Social Security earlier, with diminished payouts; 'profound impact on adults'
Ranked by 2010 assets under management
Ranked by 2010 assets under management
Asset manager launches mutual fund suite for 401(k) funds
Morgan Keegan could be on the block after reaching a $210M settlement with regulators over valuations of subprime mortgages in mutual funds; 39,000 investors lost $1.5 billion.
A parade of Industry experts and regulators testified in front on a Congressional panel today on whether investment advisers need a self-regulatory organization. The upshot? An SRO is necessary -- and Finra may be the best bet for the job.
A Brookings Institution proposal would take away Americans' variable tax breaks on retirement contributions in exchange for a flat tax credit to be deposited automatically into the saver's account.
Offering a record keeper's funds does not lead to a violation of fiduciary duty, Reish says
A new online database allows donors and advisers to search for donations of $1 million or more
UBS took a massive $2B hit from what it says was unauthorized trading by an employee. The loss puts the Swiss bank in elite company, along with several other financial institutions that have been rocked by bad bets. Here's the ten worst in recent years.
Gensler says JPMorgan loss proves regulations need to cover international contracts, as well
Swiss bank may also have to reduce headcount even further
