Texas regulators say Byrne ignored order issued in 2005
Shortly before Jack Herstein gave his inaugural address as president of the North American Securities Administrators Association Inc. last week, a House subcommittee concluded a hearing about draft legislation that would authorize one or more self-regulatory organizations for investment advisers
Karen Fischer, a Boca Raton, Fla.-based compliance consultant, has won a small-firm seat on the Financial Industry Regulatory Authority Inc.'s appeals board.
Trusting people carries risks. Finding better ways to mitigate and manage these risks is a continuing challenge for individuals, institutions and society at large. Sometimes, however, the best learning opportunities arise when trust breaks down
Investment advisers should get set for higher compliance costs — as well as a self-regulatory organization, said Chet Helck, chief operating officer for Raymond James Financial Inc.
It was a day of unexpected twists on Capitol Hill. During a congressional hearing today, Securities and Exchange Commission Chairman Mary Schapiro voiced support for a self-regulatory organization to oversee investment advisers. Meanwhile, a leading Republican expressed support for increasing the SEC budget.
Karen Fischer, a Boca Raton, Fla.-based compliance consultant, yesterday began circulating petitions to small broker-dealers in order to get on the ballot for a seat on the National Adjudicatory Council.
Barney Frank says Republican "nickel and diming" of SEC, CFTC "does grave harm."
PCAOB to charge broker-dealers more to monitor firms' auditors
The push for increased oversight of the financial investment and advice industry may have gotten an unexpected boost
Over the past few months, the budget supercommittee has been wrestling with ways to reduce the yawning U.S. deficit. During that time, a key GOP lawmaker has repeatedly said 'failure is not an option' for the bipartisan panel. Apparently, it is.
With 2011 sales of life insurance products up just 4% over last year, carriers and producers would be well served by mining social networks to step up growth.
Don't see magic fading following passing of company co-founder; 'creative spirit is still there'
Uncle Sam's paper up 26% this year; given troubles in Europe, demand not 'waning anytime soon'
Joe Paterno's transfer of homeownership to his wife in July most likely wasn't an attempt to shield assets before a sexual-abuse scandal hit Pennsylvania State University's football program
Pandit says panel faces 'true moment of leadership for the U.S.; meanwhile, influential lawmaker says GOP could come around on taxes
Rhode Island's college savings plan has a new feature aimed at limiting parents' roller coaster ride when the markets face extreme environments. And observers say the idea may catch on with competitors.
The Charles Schwab Corp. will pay $119 million to regulators to settle charges related to its disastrous YieldPlus bond fund, the company said last week.
Filing for protection from creditors could come back to haunt planners; sanctions, revoking of CFP mark possible
