Two key GOP congressmen blast SEC regulation of private funds, claim the agency is protecting fat cats at expense of ordinary investors. Focus on RIAs, they say.
The SEC says that in a 'free-rider' scam, a New York money manager bought stock with no funds and kept the gains but ditched losses. In the course of the trading, he allegedly defrauded three brokerages out of $2 million.
How a new tax law could affect your retirement funds
New Republican SEC Commissioner Michael Piwowar is likely to continue the emphasis on cost-benefit analyses of agency rules, an effort that was elevated by his predecesor, Troy Paredes. A potential uniform fiduciary standard of care for retail investment advice has proceeded slowly because of such a regulatory impact study.
Former Senate aides get late-night unanimous OK, White on board through mid-2019.
Would-be commissioners say White's approach makes sense.
Many Americans fail to document budgets, plan for emergencies, study shows
Hint: Look for the same qualities as you would with any other investment
Affluent investors turning to farms, rail cars for yield -- but beware big risks
Poll finds most investors don't expect big market reaction if Fed action starts this week
For starters, they come up with their own in investing ideas
Lawsky says companies operating in the state can't use modified model to calculate cushion.
Rudy Adolf of Focus Financial says strong wealth management relationships are about trust, and the bond of trust with the client has been broken
Nonqualified deferred-compensation plans are growing again in response to last year's expiration of Bush-era tax cuts, which effectively increased income taxes on high-wage earners.
A new partnership between Broadridge Financial Solutions and Scivantage will provide Broadridge clients with access to Scivantage Maxit, an automated cost-basis application.
