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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

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The fiduciary standard’s next step

House and Senate negotiators last week hit an impasse that may be resolved as early as tomorrow on the fiduciary duty provision embedded in the massive financial regulatory reform bill.

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Push for fiduciary standard fading in Senate

For now, it's unlikely that the Senate will consider any amendments that are not already in the pipeline for floor action.

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Blame for crash falls on banks, not advisers

Since its massive federal bailout in the wake of the market collapse, Wall Street has been in the political cross hairs.

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Sen. Grassley targets SEC’s ‘revolving door’

A Senate panel has asked the inspector general of the Securities and Exchange Commission to examine the recent exit of a top SEC official to Getco LLC, a high-frequency-trading outfit.

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SEC study gains upper hand in fiduciary-standard battle

When Capitol Hill negotiations on landmark financial-regulatory-reform legislation begin in earnest this week, proponents of putting a universal fiduciary standard in the final bill must overcome a head start that backers of a weaker provision have gained.

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Behind-the-scenes battle raging in Congress over fiduciary amendment

As the Senate this week wades through scores of amendments to legislation on financial regulatory reform, lobbyists are going toe-to-toe over applying a fiduciary standard.

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Fiduciary add-ons to reform bill in flux

An amendment floated last week by Sens. Arlen Specter, D-Pa., and Ted Kaufman, D-Del., that would impose criminal penalties on broker-dealers for violating fiduciary standards is giving the senators a way to vent frustration with Wall Street.

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Big banks’ lobbying tab? $600M over two years

The bulk of the cash was spent by industry associations. Critics worry that the flood of money is watering down financial reform efforts on Capitol Hill

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Labor Department takes first step in regulation of target date funds

Recently released federal guidance regarding target date funds was just the first step in a process that eventually will include regulations for the investments

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Key Republican senator warms to idea of fiduciary reform

As Senate floor debate on financial-regulatory-reform legislation begins, a key Republican senator plans to offer an amendment on fiduciary standards that could be broader than language contained in a bill that the House passed late last year.