Subscribe

Mark Schoeff Jr.

Mark Schoeff Jr. is a senior reporter at InvestmentNews. Based in Washington, D.C., he covers legislation and regulations affecting retail investment advisers and brokers. Prior to joining InvestmentNews in 2010, he wrote about employment and labor law for Workforce Management, a magazine that was published at the time by Crain Communications. He is a member of the National Press Club board. Before migrating to the editorial side of the journalism ecosystem, he served as press secretary for the late Sen. Richard Lugar of Indiana and as director of external relations for the Center for Strategic and International Studies, a think tank in Washington. In a region where people keep their hometown loyalties intact, he has lived in the Washington area long enough to become an actual fan of the Nationals, Wizards, Capitals and the Washington Football Team. He earned a bachelor’s degree from Purdue University and a master’s degree from George Mason University.

Displaying 3395 results

Topic

Merrill adds new clients by tapping Bank of America customers

'In 2023, a record number of existing Bank of America clients became Merrill clients,' says Eric Schimpf, president and co-head of Merrill Wealth Management. 'We can and will do more here.'

Topic

Number of CFPs, those taking credential exam both hit records in 2023

'As we continue to mirror the beautiful mosaic of our country, our industry will be that much more impactful in changing lives,' advisor says.

Topic

Most Democrats support DOL advice proposal in House hearing

'We ought to require the best interests of the investor to be protected and we’ve got some loopholes to fill,' says top Democrat on the panel.

Topic

Advisors worry about losing independence under DOL contractor rule

'We're small business owners; we’re entrepreneurs,' advisor says. 'I don't know what that would look like if we're suddenly employees of a broker-dealer.'

Topic

Advisors expect record federal debt to result in higher taxes

'As an advisor, the national debt is a very concerning issue, especially with younger clients that have a longer time horizon, because the bill is eventually going to come due,' an advisor says.

Topic

Lawyers welcome proposed crackdown on brokers lending money to clients

'Ninety-nine percent of the time, lending to customers or borrowing from them is a bad idea.'

Topic

Industry, investor advocates square off in comment letters about DOL advice rule

Battle lines drawn again as trade associations call on DOL to withdraw proposal, while proponents say measure fills a regulatory gap.

Topic

Idaho regulator seeks wide range of input on fintech oversight

'We will build our own principles-based models best suited to emerging financial technology innovations,' says state's securities regulator.

Topic

Insurance industry seeks carve out from Massachusetts ‘junk fees’ proposal

Separately, Empower joins industry chorus calls on DOL to withdraw its retirement security proposal.

Topic

Employment stress leads to boost in arbitration cases

'If there are layoffs, arbitration naturally follows,' says George Friedman, editor of the Securities Arbitration Alert.