'One thing Congress isn't going to do is give the SEC a bunch more money,' says Schweiss
Expanded definition of 'fiduciary' likely to hamstring funds that work with plan sponsors and participants.
NASAA president David Massey sits down with <i>InvestmentNews</i> reporter Liz Skinner and discusses the potential impact of Finra regulation over investment advisers, and also how state regulators will deploy "more intelligent regulation" as they take on the oversight of all investment advisers under $100 million. <a href=http://assets.investmentnews.com/Bruno/massey_final.mp3>(Click here to listen.)</a>
In my ongoing effort to keep advisers abreast of ways to engage the next generation, I came across an entertaining website for you to share with parents or grandparents who can in turn share with their young ones.
New York Life Insurance Co. has kicked off a program that will allow agents to meet the tougher fiduciary requirements set by the Labor Department
Last month, the Department of Labor proposed to expand the definition of the term “fiduciary” under the Employee Retirement Income Security Act of 1974
'Black Swan' author slams President, White House officials, U.S. debt level, mortgage interest tax deduction; likes Canada, however
Recent recommendation only the 'first step' in longer process
High hidden fees, long surrender periods just some of the pitfalls, argues ex-Treasury official Smetters; insurers, agents beg to differ
Linkup aimed at helping Pettinga Financial cope with 'onslaught' of new regulations
T. Rowe Price Group Inc., The Vanguard Group and American Funds are among the managers of the top Section 529 college savings plans, according to Morningstar's new 529 ratings, which it released today.
New York cuts charges in half for direct plan; 'every dime counts'
More families are seeking the help of financial advisers when it comes to saving for college, but fewer reps are talking to them about Section 529 college savings plans, according to a Fidelity Investments survey released today.
Investors who have had access to Mario Gabelli's stock-picking expertise for years through Gamco Investors Inc., the Gabelli family's asset management company, now have access to the family's fixed-income expertise.
Branding trumps performance in the fund world, according to the results of the latest <i>InvestmentNews</i> broker-dealer survey. Advisers prefer American Funds, despite spotty performance, while Vanguard emerges strong. <a href=http://www.investmentnews.com/article/20110123/REG/301239996&issuedate=20110121&sid=BD0121) More on the mutual fund results here,</a> and more on the <a href=http://www.investmentnews.com/section/specialreporttemplate?sid=BD0121&issuedate=20110121>B-D special report here.</a>
Regulators are clamping down on municipal bond isssuers related to political contributions they or their employees have made in states where they have underwritten bonds
QA3 Financial Corp., already enmeshed in a dispute with its insurance company, has lost a $1.6 million arbitration claim to an elderly couple who invested in real estate deals that went bust
The Financial Industry Regulatory Authority's top executive said federal regulators are “very likely” to force U.S. brokers to meet stricter requirements for acting in the best interests of their clients.
Manulife Financial Corp.'s pre-crisis decision to scrimp on hedging for its variable annuities book appears to be coming back to haunt the Canadian company.
American International Group Inc. is at a point in its recovery where the insurer's next chief executive will be able to focus on running day-to-day operations rather than crisis management, observers said.
