Regulation And Legislation

Displaying 10540 results
INDEPENDENT BROKER DEALERS APR 14, 2014
Superstar adviser DeWaay in 'survival mode,' says forensic accountant

That's how a forensic accountant described the financial condition of superstar adviser Don DeWaay, who today agreed to a $3M settlement with investors.

By Bruce Kelly
REGULATION AND LEGISLATION APR 13, 2014
When a regulator like Rick Fleming sounds more like a politician, it could be a good thing

The new SEC investor advocate establishes the narrative with story about his upbringing.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION APR 13, 2014
Finra review of old rules could lead to changes

B-D regulator picks communications and gratuities — areas with plenty of complaints, questions — for initial focus.

By Mark Schoeff Jr.
EQUITIES APR 11, 2014
Investors turn focus to first-quarter earnings

<i>Breakfast with Benjamin:</i> All eyes are on earnings. Plus: The SEC discovers high-frequency trading, momentum takes out passive investors, AAA credit ratings becoming extinct, new love for emerging markets, six solid stocks to watch this week, overwhelmed at the IRS, and Switzerland votes for the world's highest minimum wage.

By Jeff Benjamin
REGULATION AND LEGISLATION APR 10, 2014
Finra reviews effectiveness of broker-dealer rules

Tackles broker communications with the public as well as gifts, gratuities and non-cash payments; will look at other regulations.

By Mark Schoeff Jr.
ALTERNATIVES APR 10, 2014
Inland American offers limited liquidity event through tender offer

Inland American offers shareholders a way to cash out, but place limits on the buyback and values shares at no more than $6.50 a share.

By Bruce Kelly
REGULATION AND LEGISLATION APR 10, 2014
Investment adviser lobbyist: Finra will renew effort to become adviser SRO

Regulator is 'playing the long game,' sees advisers as regulatory and revenue opportunity, IAA's Neil Simon says.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION APR 10, 2014
Congress stiffs SEC on funding request

Without the additional $324 million it requested, the SEC won't be able to hire additional personnel to expand RIA examinations. What does this mean for advisers?

By Mark Schoeff Jr.
REGULATION AND LEGISLATION APR 10, 2014
Consumer, investment adviser groups push lawmakers to support bill to boost adviser exams

Seven lobby groups representing investment advisers and consumers are urging lawmakers to sign on to legislation that would charge advisers a user fee to fund more regulatory exams.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION APR 10, 2014
SAC Capital's money-laundering settlement approved

Hedge fund manager Steven A. Cohen's SAC Capital Advisors won partial approval of its $1.8 billion settlement with the U.S. as a federal judge signed off on an agreement to resolve a civil money-laundering case.

By Matt Ackermann
EQUITIES APR 09, 2014
Coming off yesterday's big bounce, futures do not look bright for today

<i>Breakfast with Benjamin:</i> Backing off the big bounce. Plus: Bill Gross confesses, Bank of America pays for cheesy marketing tactics, investing in wind energy and an urgent reminder to change those passwords

By Jeff Benjamin
RIA NEWS APR 08, 2014
When BRICs go bust, investors head toward frontier markets

<i>Friday's menu:</i> Where investors go when BRICs crack. Plus: How advisers can &amp;mdash; and should &amp;mdash; deal with male and female clients, mounting sanctions drive Russia toward China for economic help, investor class-action lawsuits spike, and saving money on travel.

By Jeff Benjamin
REGULATION AND LEGISLATION APR 06, 2014
NASAA PUBLIC POLICY CONF

By Mark Schoeff Jr.
REGULATION AND LEGISLATION APR 04, 2014
Finra arbitration panel tags Signator Investors for $1.6 million in selling-away case

Three clients of former broker at Hancock unit receive award for losses in failed land deals.

By Bruce Kelly
FIXED INCOME APR 04, 2014
UBS Puerto Rico faces 'Whopper' of a problem over muni bond funds

The woes stemming from UBS AG's unit in Puerto Rico over the sale of local, closed-end municipal bond funds have landed squarely in the lap of UBS brokers and financial advisers in the island commonwealth.

By Bruce Kelly
REGULATION AND LEGISLATION APR 03, 2014
Trainee lawsuit could clip brokerages' ability to recoup costs

A former Wells Fargo trainee has sued the firm, claiming that its effort to get back $50K in training costs violates labor law. If the claim sticks, brokers could have a tough time recouping such costs from ex-employees who leave firms early.

By Mason Braswell
RETIREMENT PLANNING APR 02, 2014
401(k) fiduciary lawsuit raises questions on record keeping

A court decision sheds new light on issue of whether float income is a plan asset.

By Darla Mercado
PRACTICE MANAGEMENT APR 02, 2014
New York state budget could overhaul existing estate tax rules

Advisers urge clients to think carefully before reacting to Gov. Cuomo's latest proposal

By Darla Mercado
MUTUAL FUNDS MAR 31, 2014
SEC to probe whether FX rigging distorted options, ETFs

The Securities and Exchange Commission is investigating whether currency traders at the world's biggest banks distorted prices for options and exchange- traded funds by rigging benchmark foreign-exchange rates, according to two people with knowledge of the matter.

By Matt Ackermann
WIREHOUSES MAR 30, 2014
Recoupment of trainee fees impairs industry's growth

Brokerage firms that pursue reimbursement of training costs from employees who leave are out of step with today's workforce

By MFXFeeder