In a comment letter posted to the SEC website last week, Richard Ketchum, Finra's chief executive, laid out in some detail what a self-regulatory organization for advisers might look like.
It remains to be seen whether lawmakers will extend tax cuts set to expire at the end of the year
Advisers who live by the maxim “the early bird catches the worm” might want to think twice before getting a head start on making the switch to state registration
Ron Carson is exiting after more than two decades at the B-D. The well-known adviser cites shortcomings in the brokerage's RIA platform as one reason for his departure.
LPL Investment Holdings Inc. will make its market debut Nov. 17, according to sources familiar with the firm's planned initial public offering.
Finra and IAA square off in an adviser oversight battle
Rep. Spencer Bachus (pictured) is now in line to head the House finance committee -- and he's been a key supported of an SRO for financial advisers
If you want to believe that the lame-duck Congress will come to the rescue after Election Day and renew the Bush-era tax cuts, return the estate tax to its more palatable 2009 levels and increase the exemptions from the alternative-minimum tax, go ahead.
The SEC's study on fiduciary duty has inspired thousands of comment letters and nearly two dozen visits to the agency by interest groups. But a report that may have just as big an impact on the advisory industry is garnering little attention.
Pressure likely to be exerted on SEC, Finra, other agencies; 'unprecedented level of congressional oversight'
The U.S. Securities and Exchange Commission banned brokers from letting clients make unsupervised trades on stock exchanges amid concern that a rogue transaction could roil markets.
Commission said to be examing whether HRJ investment firm shifted debt obligations to limited partners
Tate George charged with running $2M Ponzi scheme; made memorable jumper for Huskies in NCAA tournament
Claims Salinas defrauded Lute Olsen, others out of $50M; killed self in July
Mueller pleads guilty to ripping off the Hall of Fame quarterback, 64 other clients; 'he's accepting responsibility'
Next Financial Group Inc. has been hit with a significant regulatory action for the third time in three years, with Finra this month levying a $400,000 fine and $102,000 in restitution to clients.
In yet another sign of the move toward regulatory harmonization, the Financial Industry Regulatory Authority Inc. has asked for input on how to create an ADV-like form for broker-dealers.
It's been an ugly, mud-slinging, smackdown of a campaign. The results may not be any prettier — at least, not for advocates of financial reform.
The potential for political upheaval on Capitol Hill following the Nov. 2 election has grabbed the attention of many financial interest groups — and has some preparing to change the targets for their advocacy efforts
