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'Ludicrous' deal adds insult to financial injury
RIA NEWS AUG 28, 2018
'Ludicrous' deal adds insult to financial injury

The 10,000 investors swindled out of $1.2 billion in Woodbridge scheme must pay double-digit interest rate to borrow against what they stand to recoup after assets are liquidated.

Former hedge funder seeks to improve ESG investing
RIA NEWS AUG 28, 2018
Former hedge funder seeks to improve ESG investing

Ethan Powell wants environmental, social and governance models to be built hand-in-hand with specific charities.

New York, Connecticut taxpayers look to Plan B options to avoid SALT
REGULATION, LEGAL & COMPLIANCE AUG 27, 2018
New York, Connecticut taxpayers look to Plan B options to avoid SALT

A few potential back-up plans exist, but there's a lot you should know before forging ahead

U.S. banks continue to slash exposure to muni-bonds made less valuable by tax cuts
FIXED INCOME AUG 27, 2018
U.S. banks continue to slash exposure to muni-bonds made less valuable by tax cuts

According to estimates. the institutions decreased their municipal-debt holdings by nearly $6 billion in the second quarter.

New York taxpayers have four-day window to try to beat SALT cap
RIA NEWS AUG 24, 2018
New York taxpayers have four-day window to try to beat SALT cap

IRS regulations announced this week don't take effect until after Monday.

Here are the best frequent-flyer programs
RIA NEWS AUG 23, 2018
Here are the best frequent-flyer programs

Survey shows many loyalty program members are confused about how their program works

Here's what could happen to your taxes if Democrats regain control of Congress
REGULATION, LEGAL & COMPLIANCE AUG 23, 2018
Here's what could happen to your taxes if Democrats regain control of Congress

Boosting the corporate tax rate, eliminating carried interest and modifying the pass-through provision are among the possibilities Democrats are discussing.

Active managers fall further behind indexes
MUTUAL FUNDS AUG 23, 2018
Active managers fall further behind indexes

Just 36% of actively managed stock funds topped indexes through June, down from 43% in 2017.

IRS blocks New York, New Jersey plans to elude cap on SALT deduction
RIA NEWS AUG 23, 2018
IRS blocks New York, New Jersey plans to elude cap on SALT deduction

States' strategies of characterizing property taxes as charitable contributions won't fly, agency says.

Galvin dings North Carolina brokerage $400,000 for 'shutting its eyes' to violations
REGULATION, LEGAL & COMPLIANCE AUG 23, 2018
Galvin dings North Carolina brokerage $400,000 for 'shutting its eyes' to violations

Capital Investment Group allegedly failed to supervise an agent who solicited money from clients for his own business ventures.