Influential group will endorse one of its own for small-firm seat; ramped-up regulations No.1 concern
In the high-stakes political game surrounding the adoption of a fiduciary standard, broker-dealer interest groups have outgunned their opposition in spending.
Donor-advised funds are benefiting from small family foundations' closing or suffering drops in endowment assets as the costs and administrative burden of running the foundations have become too great
The creation of a self-regulatory organization for investment advisers took a step forward last week when the Consumer Federation of America dropped its longtime opposition to the idea, saying that an SRO would be better than relying on the chronically underfunded SEC as a regulator
Imagine a day when you go to buy a quart of milk, ask the price, and the cashier says, "that'll be a tenth ounce silver." As the US dollar's decline accelerates, several efforts around the country are trying to make this vision a reality.
Commission wants complaints lodged via e-mail, fax or online — but not by phone; what would McGruff think?
In a battle over Dodd Frank, House Republican want whistle-blowers to go through compliance departments first, then the SEC. Democrats say that's backwards.
Since the US economy has failed to recover as widely predicted, pressure on the Federal Reserve to conjure a solution has increased.
With the market selling off, Warren Buffett has been moving in. In fact, SEC filings show the Oracle has been loading up on stock, particularly shares of Wells Fargo. This may be of some interest to advisers, considering the bank's P/e ratio is now less than 9 to 1.
$250K limit can easily be bumped up to $2M; CDARS, brokered CDs gaining in popularity
Ameriprise, MetLife and Prudential among those favored in a plummeting market
Ramped-up role in spelling out tax implications of stock sales might well be 'differentiator' in landing prospects; boon to some, bane to others
Given the media frenzy over the market mayhem this week, clients are understandably blitzed, bothered and bewildered. Here's what advisers should be saying to calm them down.
Bargain-hunting investors pushing up the prices of equities; Dow well over 200 points to the good
It's challenging — next to impossible, actually — for investors and advisers to have an appropriate level of context for a major market meltdown when we're still caught in the rip tide (and searching for the floor or the shore, whatever comes first).
Gold may advance to a record $1,600 an ounce this year as investors seek to protect their wealth from Europe's sovereign-debt crisis, boosting demand, according to Scotia Capital.
With everything Washington politicians have to worry about this year — gigantic budget deficits, getting re-elected, the disintegration of Arab countries, getting re-elected, the rotten economy and getting re-elected — there's a good chance the fiduciary-standard issue may not be resolved for quite some time.
With the stock market plunging -- and the Federal Reserve stating that business growth is flagging -- legendary investors and top analysts rate the chances that the U.S. is slipping into another economic downturn.
Planned job cutting by parent BNY Mellon could sweep away jobs at the custodian that's a mainstay for independent B-Ds. .
