The Investor Advisory Committee gives the SEC two options for a uniform standard for advisers and brokers.
In the wake of fraud allegations over alternative investments, Bruce Kelly warns that advisers need to do their due diligence when choosing an alt. <b>More:</b> <a href="http://www.investmentnews.com/article/20130811/REG/308119973">Investors defrauded by real estate guru: Finra</a>
Former Sen. Christopher J. Dodd and ex-Rep. Barney Frank defend sweeping regulatory reform.
Friday's breakfast is served: Big banks feel the heat from religious investor groups; Deutsche Bank settles with Finra; the housing recovery's recovery and Jamie Dimon's wacky holiday card
Breakfast with Benjamin: The Dow is getting dicey at these heights. Plus: Lawyers get rich on Madoff's mess, Volcker rule cuts prop trading, retirement back-up plans, and rich folks are spending less this holiday season.
Effort to thwart Dodd-Frank provision has prompted White House veto threat.
In a session Tuesday at the Securities Industry and Financial Markets Association's annual conference in New York, Mary Jo White reiterated that the SEC examines annually just 8% of its nearly 11,000 registered investment advisers.
Seek redefinition of 'retail,' exclusion of tax-exempt funds.
Oppenheimer Holdings Inc. head municipal bond trader David Sirianni was fined $100,000 and suspended for 60 days by the Financial Industry Regulatory Authority Inc. for overcharging customers.
PFS Investments Inc. this year has batted away a handful of similar arbitrations stemming from brokers' mismanagement of public pension plans in Florida.
SEC looking at alternative criteria beyond wealth to determine who can invest in private offerings.
Oversight of $3.7T market comes from Dodd-Frank, includes some exemptions.
Wirehouses largely back recruiting incentive regulation but IBDs oppose it.
Former SEC head says,“There is no investment product that is risk-free,” even after the financial meltdown
Deadline for ballots in race between Stephen Hart and Myles Edwards is Monday.
Today's Breakfast with Benjamin: T. Rowe Price warns of correction, Deutsche Bank bans chat rooms, the first-ever hedge fund ad debuts, big banks sweating over the looming Volcker rule, and EU Commission levies heavy fine for rate rigging.
Richard G. Ketchum, chairman and chief executive of Finra, called on brokers to make the fiduciary standard their guideline and not to get bogged down in the legal liabilities associated with it.
State regulators see uptick in actions against RIAs but even though the increase is considered inevitable, it exposes compliance flaws. Bruce Kelly reports.
Chairman Mary Jo White said the agency will review corporate disclosure rules to root out requirements that may be causing “information overload” for investors.
