The SEC will not be passing an interim rule next week that would have let issuers of private securities, like hedge funds, immediately begin to make solicitations to the public.
Couglin, Harrison fined $50K each, suspended for two years; 27 firms that sold preferred shares have closed
Both on hold as House committee tries to reach consensus
Allegations in dropped lawsuit included misrepresentation of objectives, holdings and dividend policy
CEO Daniel Goodwin doesn't rule out legal action against Retail Properties of America Inc., which Inland formerly controlled.
Legislation that would narrow proposed Securities and Exchange Commission regulation of municipal advisers would require them to meet a fiduciary-duty standard of care, according to the bill's sponsors.
Carreno victorious in small-firm election; fended off enforcement action last year
Two weeks ago, Rep. Spencer Bachus said his SRO bill was on indefinite hold. But after his strident Op-Ed piece in Monday's WSJ, the issue is again front and center.
A veteran regulator who has been instrumental on issues involving the investment advisory sector is leaving the Securities and Exchange Commission.
Although a chasm separates Democrats and Republicans over most of the Bush tax cuts, the difference between them on taxation of investment income is more of a rift. Democrats are seeking a 20% rate on dividends and capital gains, while the GOP wants to set it at 15%.
Regulator cites limited ability to protect investors; 'we could do more'
Regulators claim he misled hedge fund investors, misused money to support Chinese company
Amid cost cuts, SRO spends $550K to make its case on Capitol Hill
With taxes on the wealthy expected to rise dramatically, a small but increasing number of Americans are renouncing their U.S. citizenship. Is this smart planning or plain crazy? Advisers weigh in.
