Large support for lifting contribution cap, raising payroll tax over lengthy-time period; don't touch my bennies
SRO posts summary of proposal on website; sure to draw some howls
Regulation of investment advisers likely to be low on Hensarling's list.
RIA operating center can simplify life; plus, PortfolioCenter update.
That's how one attorney described the potential damages banks face from an ongoing multistate probe of alleged Libor rigging by banks. Oh yes, some cities have already filed suit.
Heightened scrutiny seen as a foot in the door; some drawbacks, too.
UBS advisers surpass the $1 million-per-FA revenue mark as the bank's U.S. wealth unit is the lone bright spot in a rough quarter. Bruce Kelly reports.
Alleged Libor-rigging is the latest in a long series of scandals tied to the Swiss bank
Proposals, bills cobbled together on fly with little time for review
Washington looks to wriggle out of promise made just two years ago; can lawmakers keep their hands off?
Taking a step toward portfolio diversification
One of the features of the fiscal-cliff bill approved last week by Congress was that it supposedly settled the question of marginal tax rates for good. It delivered the permanence to the vast majority of Bush tax cuts that investment advisers and their clients have long sought. But a little more than 36 hours after the measure passed, Congress demonstrated it will always tinker with the tax code.
Notices contained account balance errors, wrong names; cause of error discovered
After seven months on the job, Hilsheimer leaves post as president of retirement unit
Her work as a prosecutor and later as a defense lawyer has given her insights into the strengths and weaknesses of the securities law and regulations that will inform her decisions.
