New study cites failure of money market fund reform as example
Agrees to pay $1.2M to close Finra enforcement action; five affiliates allegedly failed to retain millions of messages
Finra is once again looking to change some of its membership rules. The first go at making some revisions -- floated back in 2010 -- was not exactly cheered by reps.
Massachusetts Secretary of the Commonwealth William Galvin urges SEC to consider banning the use of such agreements by registered investment advisers
It's Inauguration Day for President Barack Obama. In his second term, expect more Terminator than conciliator.
After much speculation, the SEC today announced that its top cop will be stepping down in about two weeks.
Aladdin Capital agrees to settle charges that it misled retirement plans about CDOs
Commenters had warned against eliminating it without setting a new standard
Regulation of investment advisers likely to be low on Hensarling's list.
That's how one attorney described the potential damages banks face from an ongoing multistate probe of alleged Libor rigging by banks. Oh yes, some cities have already filed suit.
Proposals, bills cobbled together on fly with little time for review
Washington looks to wriggle out of promise made just two years ago; can lawmakers keep their hands off?
One of the features of the fiscal-cliff bill approved last week by Congress was that it supposedly settled the question of marginal tax rates for good. It delivered the permanence to the vast majority of Bush tax cuts that investment advisers and their clients have long sought. But a little more than 36 hours after the measure passed, Congress demonstrated it will always tinker with the tax code.
Her work as a prosecutor and later as a defense lawyer has given her insights into the strengths and weaknesses of the securities law and regulations that will inform her decisions.
Investment advisers stopped legislation last year that would establish a self-regulatory organization to oversee them by making their presence felt on Capitol Hill. They're keeping it up this year.
Kicker Russell Erxleben allegedly made false promises about WWI German bearer bonds and a Paul Gauguin painting
After receiving a fair amount of negative comments from reps, Finra is backtracking on its plan to end the 5% markup rule.
New Year's Eve legislation that averted trillions of dollars of automatic tax increases and spending cuts was brimming with provisions that permanently extended many Bush administration tax cuts. What was missing, however, was language that provided direction on comprehensive tax reform. All kinds of ideas are filling the void.
Finra is seeking comments on its controversial bonus disclosure plan. Don't expect any love letters.
