Even though roughly 3,000 investment advisers set to switch their registration from the SEC to the states by this summer, the commission's oversight burden will still be heavy. Limited resource means the regulator must conduct exams more efficiently, which translates to zeroing in on riskier practices.
State regulators said they'll help coordinate reviews among states for some midsize investment advisers who must switch to state oversight from Securities and Exchange Commission registration as prescribed by the Dodd-Frank financial reforms measure. <a href=http://www.investmentnews.com/article/20111207/FREE/111209948><b>(Read more)</b></a>
Industry groups are looking at getting behind proposals that would prohibit members of Congress and others involved in the legislative process from trading stocks or commodities based on nonpublic information related to their work in government
The following is an edited version of a speech given Sept. 12 by Elisse B. Walter, a member of the Securities and Exchange Commission, in Wichita, Kan., at the annual conference of the North American Securities Administrators Association Inc.
Federated Investors Inc.'s pending acquisition of $5 billion in money market fund assets from Fifth Third Bancorp could be just the beginning of a spending spree.
After a recent appearance on Consuelo Mack's WealthTrack <a href=http://www.investmentnews.com/section/video?playerType=CMWealth&bctid=1537880225001>(watch here)</a> discussing Social Security, <i>InvestmentNews</i> contributing editor Mary Beth Franklin quickly received more than 100 inquiries from advisers and investors about strategies and techniques for most effectively tapping this cornerstone of retirement income.
IRI agrees SS claiming strategies are crucial to a holistic retirement income plan. Send your SS questions to me and I'll post my answers.
Implementing a “Buffett rule” to require a minimum 30 percent tax rate for the highest U.S. earners would raise $31 billion over the next decade, according to a government estimate.
Americans who work with financial advisers are more conficent about their retirement prospects.
The latest Retirement Confidence Survey is out today. For the 22nd year, the Employee Benefits Research Institute and Matthew Greenwald & Associates have asked American workers about their retirement dreams and concerns
Duo leave ahead of merger with Raymond James; 'wouldn't have left in a million years'
Deals for top producers could fall short of expectations: Recruiter
Morgan Stanley, WellsTrade and Merrill Edge trail in Consumer Reports ranking of brokerages.
Sinking price of ingots could push up demand in the new year; didn't expect to see gold 'hold as well as it has'
Famed investor cut 99% of his investments in bullion in 1Q; 'death of a bull'?
