Republicans OK with axing tax deductions for the rich, but marginal tax rates still a bone of contention
If the drawdown of assets is done properly, it's best to delay taking that government check.
Some want to boost the deferral limit – others want to do away with it
The following is an edited version of an Oct. 12 speech by Paul Schott Stevens, president and chief executive of the Investment Company Institute, before the Rotary Club of Seattle
Bank of America Corp.'s David Darnell, the commercial banker put in charge of the lender's Merrill Lynch brokerage, promised employees he'll do anything including “get out of the way” to help them improve results.
It may not be her biggest concern right now, but the recently departed Sallie Krawcheck will have to land a new gig at a large brokerage firm or resign her newly won seat on Finra's board
Apparently, the GOP is not so keen on the SEC's plan to let the net asset value of money market funds drift, rather than remain at a constant $1 per share. Fund firms are no doubt happy to hear it.
McNabb opposes excess capital requirements or floating rate NAV; 'will disappear'
FDIC boss Sheila Bair says money funds' stable NAV is 'destabilizing' the financial system. The fund industry begs to disagree.
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
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
This intrepid (and tired) reporter has been riding the rails and flying the crowded skies over the past few weeks attending conferences, taking part in panels and meeting with many financial advisers about my favorite subject: adviser technology
If you would like an easy way to educate clients — and, more importantly, their children — about matters financial, take a look at HelloWallet
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.
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
