Rules have changed the investment industry fundamentally by creating the position of CCO and requiring a written compliance program.
It'll be nearly 20 years before the trust fund runs out of surplus
Brokers like to complain about Finra exams. Now they have a chance to tell the organization exactly what they think — anonymously.
The firm is teaming up with Fidelity to transition around 100 firms.
Along with helping identify trading abuses, system will help facilitate cost-benefit analyses
Social Security Administration says benefits will rise 1.7% next year, coming to about $20 extra per month, which some argue won't cover health care inflation.
Rep. Scott Garrett, the chairman of a House Financial Services subcommittee, calls Finra's data-collection proposal 'costly and burdensome.'
Recent investigations of Pimco's Total Return Bond ETF and church bonds highlight the need to investigate an investment's truest price.
Despite Republican takeover of Senate, disparate goals of lawmakers may make progress hard to come by.
If IRS Commissioner John Koskinen could set the agenda for the upcoming lame-duck session of Congress, he would make renewal of dozens of expired tax breaks the priority. If Congress doesn't act before the end of November, filing season could be postponed, giving taxpayers a big headache.
With Senate control at stake in tomorrow's election, interest groups representing the brokerage and insurance industries are spending substantially more than financial adviser groups, and are adding to their lead.
Midweek <i>Breakfast with Benjamin:</i> Republicans ready to rule. Plus: What investors might expect, advice from Jack Bogle, the hits keep coming for Nick Schosch and Pimco's bad October.
Investment advisers optimistic that Republican takeover of the Senate will create a better political atmosphere.
RCS Capital seeks to pull out of a $700M deal to acquire two Cole companies from American Realty Capital Properties, which last week <a href="//www.investmentnews.com/article/20141029/FREE/141029902/nicholas-schorsch-downplays-arcps-23m-accounting-debacle"" target=""_blank"" rel="noopener noreferrer">revealed a $23M accounting error</a>.
On Monday's <i>Breakfast with Benjamin</i> menu: Fund managers in a bind. <i>Plus</i> more trouble for Nicholas Schorsch? And Republicans looking stronger going into Election Day, stocks to consider with a GOP-controlled Congress, it's time to think about taxes already.
A well-educated arbitrator will be better able to see phony arguments from both sides in a dispute.
More than a third of brokerage firms examined by Finra and the SEC made one or more potentially unsuitable recommendations of variable annuities to senior investors.
Firms are at the drawing board designing retirement products, thanks to new guidance issued last week by the Treasury and Labor departments
Head of the agency's Division of Investment Management will leave before the end of the month
Regulator says the clearing and custody firm violated the customer protection rule, which requires that a certain level of funds be set aside to protect against broker-dealer misuse or insolvency.
