Regulation And Legislation

Displaying 10529 results
Wells Fargo, BNY Mellon sue Securities America, other B-Ds over MedCap
REGULATION AND LEGISLATION SEP 01, 2011
Wells Fargo, BNY Mellon sue Securities America, other B-Ds over MedCap

Wells Fargo and BNY Mellon — trustees for Medical Capital Holdings — claim that brokers should not have sold the MedCap private placement to clients. Meanwhile, the banks themselves face litigation stemming from the Reg D offering.

By Bruce Kelly
Lerner resorted to tricks to plump up Apple distributions: Suit
ALTERNATIVES AUG 31, 2011
Lerner resorted to tricks to plump up Apple distributions: Suit

In the latest twist in the ongoing saga of Apple REITs sold by David Lerner Associates, plaintiffs claim the B-D used a line of credit and other sources to boost dividend payments beyond what was prudent. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20110826&amp;Category=FREE&amp;ArtNo=826009999&amp;Ref=PH>Home prices still plunging in these states</a>

By Bruce Kelly
Debt reduction over growth 'almost suicidal': Pimco's Gross
REGULATION AND LEGISLATION AUG 31, 2011
Debt reduction over growth 'almost suicidal': Pimco's Gross

Bond king says governments should look to prime economic pump first, then lower borrowing

By John Goff
Crucial deficit committee features party stalwarts — and wildcards
REGULATION AND LEGISLATION AUG 31, 2011
Crucial deficit committee features party stalwarts — and wildcards

Panel must find $1.5 trillion in savings; taxes and entitlements on the table?

By Bloomberg
REGULATION AND LEGISLATION AUG 31, 2011
Congress not likely to tackle tax reform

A special congressional committee created by last week's debt ceiling legislation is unlikely to have the time or the political will to tackle any meaningful tax reforms

By Mark Schoeff Jr.
RETIREMENT PLANNING AUG 31, 2011
Court says third-party carriers to retirement plans can be sued

A federal circuit court yesterday decided that retirement-plan participants can sue third-party insurers under the Employee Retirement Income Security Act of 1974.

By Darla Mercado
Labor Dept. to delay plan fee disclosure rules
REGULATION AND LEGISLATION AUG 31, 2011
Labor Dept. to delay plan fee disclosure rules

Labor Department proposal would push back the effective date for retirement plan service providers to begin disclosing fees to Jan. 1, 2012

By Bloomberg
So what's Kotlikoff's Purple Tax Plan — and will it actually work?
OPINION AUG 30, 2011
So what's Kotlikoff's Purple Tax Plan — and will it actually work?

Proposed reform mixes in wins for both blues (Democrats) and reds (Republicans); accountants, advisers may boo, however

By Laurence J. Kotlikoff
REGULATION AND LEGISLATION AUG 30, 2011
Mounting regulations means mounting payrolls at advisory companies

A new survey shows investment management firms are spending-much needed capital on beefing up compliance departments -- rather than projects that boost the top line.

By Bloomberg
REGULATION AND LEGISLATION AUG 28, 2011
Landscape is changing for broker-dealers

By MFXFeeder
REGULATION AND LEGISLATION AUG 25, 2011
Mounting regs means more costs at money managers

Asset management companies say that greater regulatory burdens are inhibiting growth, although the heightened oversight also may be contributing to a boost in hiring, according to a survey released last week

By Mark Schoeff Jr.
Pennsylvania man admits to role in $18M Ponzi scheme
REGULATION AND LEGISLATION AUG 25, 2011
Pennsylvania man admits to role in $18M Ponzi scheme

Robert Stinson Jr., 56, pleaded guilty in federal court in Philadelphia to 26 charges, including wire fraud, mail fraud, money laundering and bank fraud.

By Doug Cubberley
Who might pay higher taxes as a result of the debt deal?
RIA NEWS AUG 24, 2011
Who might pay higher taxes as a result of the debt deal?

By Doug Cubberley
REGULATION AND LEGISLATION AUG 23, 2011
Big shift as consumer group gets behind SRO for advisers

Frustrated by ongoing funding challenges at the Securities and Exchange Commission, a consumer group has eased its opposition toward establishing a self-regulatory organization for investment adviser oversight.

By Mark Schoeff Jr.
RETIREMENT PLANNING AUG 23, 2011
An SRO for advisers that could give Finra 'a run for its money'

Washington and New York will be joined by Oxford, Miss., as centers of the investment adviser universe if a group of students from the University of Mississippi law school succeeds in establishing a self-regulatory organization for advisers

By Mark Schoeff Jr.
Coming this fall: Single fiduciary rule, says Schapiro
REGULATION AND LEGISLATION AUG 22, 2011
Coming this fall: Single fiduciary rule, says Schapiro

SEC Chairman Mary Schapiro said that the agency will issue an initial rule this fall imposing a universal fiduciary duty for anyone providing retail investment advice.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION AUG 21, 2011
Providers get a jump on retirement plan fee disclosure

It isn't too often that the financial services industry claims that its regulatory system isn't tough enough, but that is the conclusion that Great-West Retirement Services and Lincoln Trust Co. FSB have made

By Darla Mercado
REGULATION AND LEGISLATION AUG 21, 2011
Proxy case could haunt SEC, Labor fiduciary rules

Opponents of expanding the fiduciary duty for investment advice have another weapon in their arsenal, following a court decision that chided the SEC for adopting an unrelated rule without conducting a proper cost benefit analysis

By Mark Schoeff Jr.
REGULATION AND LEGISLATION AUG 19, 2011
SEC gives CFP Board chance to dig deeper on complaints

Investment advisers and brokers hoping to become certified financial planners, or those wanting to renew their certificates, now have to disclose details about customer complaints to the CFP Board of Standards &#8212; a change in procedure that will give the organization's enforcement arm more muscle

By Mark Schoeff Jr.
Advisers eyeing CFP designation will have to turn over customer complaint info
REGULATION AND LEGISLATION AUG 19, 2011
Advisers eyeing CFP designation will have to turn over customer complaint info

SEC decision should pave the way for stronger enforcement actions by CFP Board

By Mark Schoeff Jr.