Peter Schiff, CEO and strategist for Euro Pacific Capital, stopped by the <i>InvestmentNews</i> offices for a chat with Deputy Editor Evan Cooper - and Mr. Schiff offers some pointed views on regulation of brokers and advisers.
Don't expect the SEC's fiduciary proposal this year. According to a Commission insider, ramped-up cost-benefit analysis is gumming up the works. Said the official: 'The time frame certainly has slipped.'
The lack of empirical evidence showing that brokers lead investors into bad investments because they want the commissions from those products is making it a challenge for supporters of a uniform fiduciary duty to convince lawmakers that there is a problem
Bipartisan support is growing in the U.S. Congress for new rules banning insider trading by lawmakers amid concerns about waning trust among the public.
New restrictions on insider-trading by U.S. lawmakers are needed to help lift waning public trust in Congress.
Neuberger Berman Group has put research analyst Fayad Abbasi on paid leave as it looks into insider-trading
The failure of the deficit reduction supercommittee last week all but guarantees that the gridlock over tax reform, including the Bush-era tax cuts, will continue beyond next year's presidential election
Like baseball fans whose team came up short, those hoping for an overhaul of the tax code by the congressional deficit-cutting supercommittee likely will have to wait until next year
200 former employees will be hired to help with liquidation of bankrupt B-D; 'saddened'
Settlement with SEC a distant memory by the time investment adviser oversight issue is settled
The recent fining of three advisory firms by the SEC is only the tip of the iceboard, according to an ex-Commission official. How tough will the crackdown be? Says the lawyer: 'The world is about to change for investment advisers.'
DOL's Borzi says agency looking at third-party payments; not backing off fiduciary update, either
A fervent outcry from a wide range of financial industry groups and bipartisan lawmakers helped persuade the Labor Department to withdraw a proposed rule to expand the definition of “fiduciary” for advisers to retirement plans
Commission on a mission, goes after Chicago firm for allegedly 'grossly exaggerating' assets under management
Three investment advisory firms agreed to pay a total of $262,000 to settle Securities and Exchange Commission allegations that they failed to put in place and implement required compliance procedures.
Employee at fund firm reportedly to be charged this month; traders at two research firms also under investigation
Skowron apologizes for insider trading, saying he had 'slipped into the world of relativism'; slips into an orange jumpsuit in January
