Regulation And Legislation

Displaying 10525 results
PRACTICE MANAGEMENT FEB 20, 2014
SEC to take 'swipe' at RIAs that have never been examined

In 2014, SEC officials expect to take a 'swipe' at the group of about 4,000 RIAs that have never been examined before, but critics are skeptical. It's no game of gotcha, the agency's compliance chief says.

By Trevor Hunnicutt
REGULATION AND LEGISLATION FEB 20, 2014
Finra nudging brokers toward a fiduciary standard?

Finra's report on how to avoid conflicts of interest seems to be pushing brokers toward the fiduciary standard already used by investment advisers. How far can it go?

By Mark Schoeff Jr.
PRACTICE MANAGEMENT FEB 20, 2014
Face it: Americans resent how well industry is paid

The financial services business is out of touch regarding the sensitive issue of compensation even as the American public remains angry at Wall Street bankers for the credit crisis. Bruce Kelly explains.

By Bruce Kelly
REGULATION AND LEGISLATION FEB 19, 2014
Cash-strapped SEC to streamline exams for some RIAs

Streamlined exams will enable SEC to conserve resources and conduct more RIA audits

By Andrew Leigh
REGULATION AND LEGISLATION FEB 19, 2014
SEC seeks to examine advisers never reviewed before

Agency sets 2014 priorities, which include keeping an eye on B-D sales practices, fixed income markets.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION FEB 18, 2014
Former adviser to the stars hit with fraud charges

Financial adviser allegedly spent more than $10K on someone else's credit card

By Darla Mercado
EQUITIES FEB 18, 2014
Gold rides high on the taper effect

<i>Friday's menu:</i> Gold rides high on the taper effect, playing smart defense with a wide-moat ETF, blaming cold weather in February, stirring the income inequality pot, why you should complete your LinkedIn profile, and the SEC shows some love.

By Jeff Benjamin
INDEPENDENT BROKER DEALERS FEB 18, 2014
WJB Capital executives charged in scheme to prop up firm

Three former WJB Capital Group Inc. executives were charged with defrauding investors of more than $11 million in a bid to prop up the now-defunct broker-dealer. The trio pleaded not guilty.

By Matt Ackermann
REGULATION AND LEGISLATION FEB 17, 2014
Hard work undone by election year politics

The departure of Sen. Max Baucus as Senate Finance Committee chairman has set back efforts to achieve comprehensive tax reform.

By MFXFeeder
REGULATION AND LEGISLATION FEB 16, 2014
Finra comes in from out of the cold

The snowstorm that walloped most of the East Coast last week did not deter Finra's board from meeting in New York and moving on important investor issues.

By MFXFeeder
REGULATION AND LEGISLATION FEB 13, 2014
Finra faces discrimination suit from fired manager

Jill Wile said she was retaliated against and terminated for making discrimination claims against her boss.

By Mason Braswell
ALTERNATIVES FEB 13, 2014
Bad Apple: REITs fined $1.5 million for disclosure violations

CEO and COO also ordered to pay $175,000 in penalties .

By Bruce Kelly
EQUITIES FEB 13, 2014
Bill Gross compares Chinese economy to 'mystery meat'

<i>Breakfast with Benjamin:</i>The Bond King: China's a big risk. Plus: JPMorgan goes on a settlement binge, finance industry tells investors to stay calm, Obama administration catches a CBO boomerang, and some healthy balance sheets for the New Year.

By Jeff Benjamin
REGULATION AND LEGISLATION FEB 13, 2014
Finra moves to allow arbitrators to call for enforcement midcase

Finra has proposed a rule that could give arbitrators more authority in referring cases for disciplinary action.

By Mason Braswell
REGULATION AND LEGISLATION FEB 13, 2014
Finra aims to prohibit brokers' demanding clean records as a condition of settlement

Practice may interfere with arbitrators' ability to determine appropriateness of expungement, Ketchum says.

By Mark Schoeff Jr.
RIA NEWS FEB 13, 2014
Review marriage implications with same-sex couples – or be on the hook

Employee benefits and tax, retirement and estate planning must be discussed under Finra rule, compliance expert says.

By Darla Mercado
REGULATION AND LEGISLATION FEB 12, 2014
As an investor, Yellen plays it safe

New Fed chief invests primarily in index funds and blue chip stocks. What can we learn about the policymaker from a peek at her investment choices?

By Mark Schoeff Jr.
REGULATION AND LEGISLATION FEB 12, 2014
Yellen's record-low Senate support reflects Fed's politicization

The Senate vote of 56-26 to confirm Yellen means she garnered even less support than outgoing Chairman Ben S. Bernanke.

By Matt Ackermann
ALTERNATIVES FEB 10, 2014
Finra seeks greater transparency in nontraded REIT statements

Proposed rule would require brokers to factor in fees and commissions when listing share prices on client account statements; if approved by the SEC, rule change would do away with the $10-a-share listing price.

By Bruce Kelly
INDEPENDENT BROKER DEALERS FEB 08, 2014
Defunct WJB Capital and two execs hid company's financial distress for years, Finra says

WJB Capital Group Inc. and two of its top executives settled allegations that it masked the firm's financial difficulties and traded securities without sufficient capital during the two years before it shuttered its doors in January.

By Liz Skinner