The Republican takeover of the House predicted by key pundits next month would have a major impact on legislation related to retirement plans and the firms that manage their money — but only measures with broad bipartisan support are likely to become law.
Defined-contribution managers bounced back a bit by year-end 2009 from the morose markets of 2008 as assets under management rose 19.7%
Chalk up another hard-earned lesson from the financial crisis: Investors in limited partnerships, the structure of choice for most alternative investments, discovered that giving up liquidity in exchange for higher returns wasn't such a good idea after all.
Through its recently announced purchase of National Retirement Partners Inc., LPL Investment Holdings Inc. is set to enter the demanding and competitive market for smaller to midsize retirement plans.
Five years before a series of Medical Capital Holdings Inc. private placements disintegrated — wiping out $1.1 billion in investor cash — securities regulators were already concerned about the lack of audited financial information for the deals.
In a highly unusual legal maneuver in its battle with Massachusetts securities regulators, Securities America Inc. is requesting that other broker-dealers that sold the private-placement investments of Medical Capital Holdings be issued subpoenas — a move designed demonstrate that Securities America met industry standards when 400 of its affiliated brokers sold close to $700 million of now worthless MedCap notes to clients.
Finra tells Peak Securities to pay $400K to settle a claim over a private placement sale for Medical Capital. The kicker: hundreds more complaints loom as irate investors look to recoup losses from questionable Reg D offerings
Claim provision was written by litigators who don't want the law to work; 'disqualification office'
RBC Wealth Management unit will pay $690,000 to resolve a brokerage regulator's claims that a U.S. unit sold unsuitable financial products to elderly clients and others with modest net worth.
Were three awards totaling $25.1M in past two months a coincidence? Some attorneys don't think so
Investment advisers and their clients may want to wait before crafting financial strategies to address the tax relief and spending proposals outlined last week by President Barack Obama.
Investment advisers and their clients may want to wait before crafting financial strategies to address the tax-relief and spending proposals outlined today by President Barack Obama.
Securities and Exchange Commission Chairman Mary Schapiro said her agency is poised to take on the scores of directives mandated by the financial regulatory reform bill President Barack Obama will sign into law Wednesday.
The online security landscape is changing in fundamental ways
The following are remarks delivered by Securities and Exchange Commission member Elisse B. Walter on Sept. 21 in San Francisco at the SEC's inaugural hearing on the state of the municipal-securities market
State regulators are bracing for an onslaught of investment advisers who will have to register with them for the first time next year
Looming hike marginal tax rates makes 2010 a good time to take bigger distributions, say advisers
