Regulation And Legislation

Displaying 10525 results
REGULATION AND LEGISLATION NOV 02, 2017
Why the House tax bill could be a 'bonanza' for advisers

Clients may need to navigate shifting tax brackets, re-characterizations of Roth IRA conversions, reconsidering the value of charitable contributions, and restrictions on the mortgage interest deduction.

By Greg Iacurci
REGULATION AND LEGISLATION NOV 02, 2017
Advisory firm owners unlikely to see windfall on tax returns from House bill

Proposed legislation is designed to give manufacturers the lower 25% tax rate, not professional service firms such as financial advisers, lawyers and accountants.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION NOV 01, 2017
Broker says she was fired for raising red flag about a wealthy client

JPMorgan Chase & Co. disputes Jennifer Sharkey's claim, saying firing was about poor performance, not her investigation of a client.

By Bloomberg
REGULATION AND LEGISLATION NOV 01, 2017
Senate Banking Committee approves SEC nominees Hester Peirce and Robert L. Jackson Jr.

Confirmation by the Senate would give SEC full complement of five members for first time in more than two years.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION OCT 31, 2017
Ex-Merrill broker Thomas J. Buck pleads guilty to securities fraud, will pay SEC $5M

The ex-broker was accused of collecting $2.5 million in excessive commissions and fees from at least 50 clients.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION OCT 31, 2017
Retirement-savings advocates to mobilize forces if tax-reform plan cuts benefits

If 401(k) pre-tax contributions are curtailed, several groups plan to launch nationwide campaigns against the effort.

By Mark Schoeff Jr.
MUTUAL FUNDS OCT 30, 2017
SEC penalizes UBS $3.5 million for overcharging on funds

Firm settles charges that it failed to provide less expensive share classes.

By InvestmentNews
REGULATION AND LEGISLATION OCT 30, 2017
History of presidential shocks to the stock market

Most political scares have had short-lived effects on stocks. Here's a look at the big ones.

By John Waggoner
REGULATION AND LEGISLATION OCT 30, 2017
New Jersey smacks LPL with fine of nearly $1M over REIT, BDC sales

Settlement claimed firm let brokers sell excessive amounts of alternative investments as a percentage of their clients' total portfolios.

By Bruce Kelly
REGULATION AND LEGISLATION OCT 27, 2017
LPL to pay $295,000 for Ponzi scheme probe in North Carolina

Broker-dealer must pay fine and reimburse the state over 'Robin Hood' case involving disgraced broker serving more than five years in jail for defrauding clients.

By InvestmentNews
REGULATION AND LEGISLATION OCT 27, 2017
UBS ordered to pay $3 million Finra fine for defamation

Long-running case centers on reasons firm gave for broker's discharge.

By InvestmentNews
REGULATION AND LEGISLATION OCT 27, 2017
Treasury encourages DOL to consider fiduciary-rule harm

Report reflects Trump administration's skepticism of investment-advice regulation for retirement accounts.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION OCT 27, 2017
Tax plan secrecy evokes frenzy of concern from lobbyists and lawmakers

Sweeping bill to be released in just five days.

By Bloomberg
RIA NEWS OCT 26, 2017
SEC task force targets retail investor fraud at the adviser level

Task force will target widespread problems involving inadequate fee disclosure and unsuitable product recommendations.

By Mark Schoeff Jr.
RETIREMENT PLANNING OCT 26, 2017
SEC and DOL should agree on tough fiduciary rules

Harmonizing between federal agencies and state regulators is a complex task in everyone's best interest.

By Blaine F. Aikin
REGULATION AND LEGISLATION OCT 26, 2017
Finra awards 13 clients $5 million against rogue broker

Jason Charles Parker set about to 'ravage' clients' savings 'without remorse,' arbitrator states

By Mark Schoeff Jr.
INDEPENDENT BROKER DEALERS OCT 25, 2017
Wedbush Securities, once again, in trouble with regulators

How do firms and brokers or executives continue to make the same sorts of mistakes while Finra and the SEC consistently miss the transgression?

By Bruce Kelly
RETIREMENT PLANNING OCT 25, 2017
Trump, House tax chief send mixed signals on 401(k) tax break

Despite the president's assurances that 401(k) plans would remain as they are, House Ways and Means Chairman Kevin Brady doesn't rule out changes to the retirement accounts.

By Bloomberg
REGULATION AND LEGISLATION OCT 25, 2017
Senate's takedown of the CFPB's class-action rule may pave way for challenge to Finra policy

Investor advocates fear brokerage firms may seek to overturn Finra's rule banning class-action waivers in customer agreements.

By Greg Iacurci
REGULATION AND LEGISLATION OCT 24, 2017
Clayton says SEC can't simply take over DOL fiduciary rule

'We have a process. They have a process. We have to respect those,' chairman tells SIFMA annual conference.

By Mark Schoeff Jr.