The lack of leaks is an indication that the panel has decided to refrain from fighting in the media and actually come to the table.
A bipartisan, bicameral 12-member panel, the supercommittee may be the best chance for any kind of substantial tax changes before next year's election
Let's hope that Finra has learned a lesson from the public flogging it received after it was reported that a regional official allegedly doctored the minutes of internal staff meetings that were then turned over to SEC examiners
State regulators have signaled a push for recalculating reserve requirements on a certain type of universal-life insurance, a change that could lead to higher costs for policyholders, as well as fewer insurers' selling the product
Legislation introduced last week that would impose a federal tax on financial transactions may be doomed as a stand-alone bill, but proponents say that it should be included in any broad deficit-reduction proposal
MF Global took large bets on commodities, government debt, futures and derivatives, and did so with its own capital. Companies that risk their own money, or that of wealthy clients, should be allowed to fail.
Has hired six new external wholesalers, bringing its roster to 54, and it expects to have 60 by the end of the year.
Sources say bidders for Morgan Keegan substantially lowered their offers for the B-D following the bankruptcy of MF Global. How bad is it? The sale of the brokerage could fall through, the insiders say.
Pimco's Bill Gross said the additional easing programs hinted at by Federal Reserve officials will push yields on longer-term Treasuries higher
With extreme volatility, a global debt crisis and clouds of political uncertainty consuming the economic environment for the foreseeable future, the "New Normal" appears to be continuously re-defining itself.
Pacific Investment Management Co. says investors should buy Fannie Mae and Freddie Mac mortgage-backed securities that slumped in response to planned changes to the government-supported companies' refinancing rules.
White House seeks to limit interest income that can be sheltered; states, cities already lining up against proposal
Despite bashing of ratings agencies, big conflicts still remain, researchers say; current model 'tragically broken'
For the past few months, Finra has been promoting itself as the logical choice to oversee the compliance efforts of RIAs. Thursday's announcement by the SEC -- that it has ordered the regulator to improve its own compliance -- probably won't bolster Finra's case. Neither will the revelation that a Finra director allegedly doctored records that the SEC wanted to examine.
The Treasury Department's Federal Insurance Office last week said that it is looking for public comments focusing specifically on systemic risk as part of a report on modernizing insurance regulations
Raymond James executives are taking steps to boost the profile of the firm's small custody unit, and they are hinting at bigger things to come
In what seems to be an about-face, wirehouses are embracing fixed indexed annuities, which offer investors a guaranteed-minimum return and the opportunity to partake in stock market gains
In this edition of 'Five Questions,' the boss of RNC Genter Capital Management talks dividends, gold, and P/E ratios
As sponsors of nontraded real estate investment trusts continue their full-court press on sales, some independent broker-dealers are dialing back their level of risk and have cut back, or are considering reducing, the number of REIT products they allow their representatives to sell
