Regulation And Legislation

Displaying 10525 results
REGULATION AND LEGISLATION NOV 09, 2017
Tax reform: House bill revisions include lower pass-through rate for small businesses

Last-minute changes also include restoration of adoption credit and elimination of limits on interest deductions for car dealers.

By Bloomberg
ALTERNATIVES NOV 09, 2017
Bills to bolster accredited investors, alternative investments gain momentum

Bipartisan lawmakers seek to expand the pool of people who qualify to invest in private securities offerings, boost the lending capability of BDCs and ease regulations on closed-end funds.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION NOV 09, 2017
Tax reform: What advisers need to know about the Senate bill

Some key differences from House bill include how mortgage deduction and estate taxes are treated.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION NOV 08, 2017
J.P. Morgan settles lawsuit on alleged fiduciary breach in stable value funds

The $75M agreement ends a years-long class-action trial.

By Rob Kozlowski
RETIREMENT PLANNING NOV 08, 2017
Merrill Lynch swells ranks of fiduciary 401(k) advisers by over 3,000

More than 22% of its total adviser workforce is now certified by the wirehouse to act as a fiduciary for retirement plans.

By Greg Iacurci
MUTUAL FUNDS NOV 08, 2017
Clayton: SEC targets 'complex, hidden fees'

Putting clients in expensive share classes instead of lower-cost ones hurts investors, chairman says.

By Mark Schoeff Jr.
RETIREMENT PLANNING NOV 07, 2017
Retirement plan advisers, providers hit 'pause' on DOL fiduciary rule compliance

The Trump administration review is prompting some retirement plan specialists to hold back on implementing parts of the rule that are vague or challenging.

By Greg Iacurci
ALTERNATIVES NOV 07, 2017
Bridgewater founder defends co-CEO Greg Jensen as a 'man of high character'

The hedge fund paid a more than $1 million settlement to a woman who had a relationship with the top exec, according to Wall Street Journal report.

By Bloomberg
REGULATION AND LEGISLATION NOV 06, 2017
Tax reform: Advisers spy loopholes in proposed pass-through tax rules

The House bill seeks to limit the 25% rate to manufacturers, but will still creates opportunities for strategic tax management.

By Jeff Benjamin
REGULATION AND LEGISLATION NOV 06, 2017
Finra reform getting traction in Washington

A Heritage Foundation event was the latest in a flurry of high-level talks about the embattled SRO

By Mark Schoeff Jr.
REGULATION AND LEGISLATION NOV 06, 2017
Judge grants injunction against DOL fiduciary rule in Thrivent lawsuit, halts case

Thrivent Financial for Lutherans argues the regulation's class-action provision violates its agreement with clients.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION NOV 05, 2017
Tax reform: Advisers will have plenty to digest as legislation works its way through Congress

Provisions in the tax bill will affect advisers and their clients alike.

By crain-api
REGULATION AND LEGISLATION NOV 04, 2017
SEC Chairman Jay Clayton's quest to forge a fiduciary standard

The new SEC chairman is confident he can up come with a rule better than that of the Department of Labor — one that satisfies brokers, investment advisers and investor advocates alike.

By Mark Schoeff Jr.
INDEPENDENT BROKER DEALERS NOV 03, 2017
IBDs can protect good advisers from bad recruits

Compliance teams must rigorously vet the records of new advisers in order to limit the risks that come with consolidation-driven recruits.

By Steve Youhn
PRACTICE MANAGEMENT NOV 03, 2017
Finra: Morgan Stanley must pay Schwab $1.2 million over broker recruiting violation

Arbitrators rule that Morgan Stanley violated trade secrets by "maliciously and willfully" appropriating a Schwab client list.

By Mark Schoeff Jr.
Tax reform: How the House bill changes rules for retirement savings
RETIREMENT PLANNING NOV 03, 2017
Tax reform: How the House bill changes rules for retirement savings

While pre-tax 401(k) contribution limits are off the table (for now), the Republican tax bill nonetheless makes changes to retirement savings plans.

By Greg Iacurci
REGULATION AND LEGISLATION NOV 03, 2017
Questar to pay nearly $800,000 for overcharging charities

Finra censured firm for selling clients more expensive share classes.

By InvestmentNews
REGULATION AND LEGISLATION NOV 02, 2017
Tax reform: What advisers need to know about the House bill

The proposed measure leaves 401(k) plans alone, but makes sweeping changes in many other areas, including mortgages, property taxes, pass-through income and charitable deductions.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION NOV 02, 2017
Former LPL broker loses $30 million claim against old firm

Two of the three Finra arbitrators split their decisions in the case of James E. 'Jeb' Bashaw, a one-time star at LPL who was fired in 2014.

By Bruce Kelly
REGULATION AND LEGISLATION NOV 02, 2017
DOL fiduciary: OMB receives rule providing for 18-month delay

Move would give DOL more time to conduct review of fiduciary regulation ordered by Trump.

By Mark Schoeff Jr.