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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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Finra orders brokerage, former rep to pay $1 million for bad private placements

Claimants alleged fraud, elder abuse, and breach of contract and fiduciary duty.

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Private securities investor threshold needs a rethink, warns advisor

Inflation, retirement savings growth expand pool of sophisticated investors, according to SEC Report.

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Bipartisan lawmakers bash Finra

Finra CEO Robert W. Cook defended the broker-dealer self-regulator, citing efforts to rein in firms with long disciplinary histories and protect senior investors.

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DOL hearing parses intersection of ‘best interest’ and annuity sales

'It’s crystal clear for the prospective client that the insurance producer is selling,' says an insurance industry representative.

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Industry opponents call on DOL to withdraw retirement advice proposal

On day one of public hearing, critics argue potential new measure will alienate some clients and is 'overbroad, unnecessary and inconsistent.'

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Fiduciaries must show they can serve Main Street investors to win DOL rule debate

'They’re making x dollars in a brokerage account,' says advisor. 'Just charge the client x but give them fiduciary advice for that x.'

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Certainty of taxes matched by certainty of tax policy for now

Legislative lull means it's easier to carry out multiyear planning, says advisor.

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Panel suggests SEC use existing rules to address advisor AI conflicts

'You don’t need to reinvent the wheel here. You’ve got the building blocks to address [AI and predictive data analytics] concerns,' says a member of the advisory committee.

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White House, others question annuity safeguards 

Once again, annuities are at the heart of a debate over retirement savings and investor protection. The DOL says state oversight of sales of the products isn’t strong enough.

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Michigan advisor runs for House seat 

As a financial advisor for more than 30 years, Diane Young has seen fiscal and retirement policies affect her clients. If voters in Michigan’s 10th District elect her, she’ll have a role in shaping the decisions Congress makes.