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
Have you ever received a LinkedIn connection request from someone and wondered, “Who the heck is this person?”
United Capital Financial Advisers will acquire the assets of Peak Capital Investment Services – an advisory firm with $600 million in assets under management – executives revealed at the Schwab Impact Conference here in San Francisco today.
Does your congressman know how an SRO would make your life more difficult? Did you tell him?
As hundreds milled about at Zuccotti Park today in Manhattan's Financial District, it became clear that Occupy Wall Street isn't just a young person's movement anymore. And it's gathering momentum.
Judge shoots down SEC claim that Morgan Keegan misled auction-rate securities investors
While Mr. Corzine generally backs the Obama administration's push for regulatory reform, he doesn't agree with every piece of the legislation and has concerns about how new laws will be applied.
The following is an edited version of an Oct. 17 speech by Carlo V. di Florio, director of the Securities and Exchange Commission's Office of Compliance Inspections and Examinations, at the annual meeting of the National Society of Compliance Professionals in Baltimore
Typically, an RIA spends a little over 2% of its revenues on technology in a given year, according to findings from our <a href=http://www.investmentnews.com/adviserstudy>IN Adviser Solutions</a> group.
Social media has taken over the world — or so it seems — and financial services firms are being pulled into the mix, albeit kicking and screaming. The truth is, if a company wants to remain competitive in this digital age, social media must be a strategic part of its overall marketing plan
For providers of financial services to Employee Retirement Income Security Act of 1974 plans, fees are a double-edged sword
