U.S. financial regulators, working to secure funding needed to implement new responsibilities mandated by the Dodd-Frank Act, are in line to be among the few agencies to benefit from the year's final congressional spending measure.
A leader of Republican efforts to cut government spending and tackle the federal deficit indicated Thursday that he embraces the idea of cutting so-called tax expenditures.
The Financial Industry Regulatory Authority is revamping how it scans for abuses such as insider trading, responding to increased fragmentation of markets, Chief Executive Officer Richard Ketchum said today.
The Securities and Exchange Commission budget would receive a significant boost under a bill proposed on Tuesday by the Senate Appropriations Committee.
Despite grousing from the left, it looks as if Republicans will get pretty much what they want on estate tax policy — if, as expected, Congress approves a bill that would extend all Bush-era tax cuts for two years
Legislation that would extend for two years Bush administration tax cuts for all income levels cleared a Senate hurdle today.
Advocates of a universal fiduciary standard of care for all advisers and brokers are hoping that the recent insider trading probe will help their cause.
Two former Wachovia Securities brokers tricked dozens of mostly elderly clients into investing in what were supposed to be can't-miss opportunities, only to lose roughly $8 million, according to a lawsuit filed by the Securities and Exchange Commission.
House Democrats may try to amend the estate tax provision of a bill that would extend Bush administration tax cuts for all income levels after the Senate acts on the measure early this week.
Officials at the Securities and Exchange Commission are considering setting limits on computer-trading algorithms — and may choose to require broker-dealers to monitor their orders — in the wake of the May 6 flash crash.
Commission aims to beef up reporting requirements for broker-dealers that custody assets
The Securities and Exchange Commission has named Jennifer McHugh, a senior adviser to Chairman Mary Schapiro, the acting director of the Division of Investment Management, replacing Andrew J. “Buddy” Donohue, who left his post on Nov. 19.
Democrats may not be happy with the Administration's plan to revive the levy, but there may not be much they can do about it. Here's how things shake out right now.
<i>The following is an edited transcript of the webcast “<a href=http://www.investmentnews.com/apps/pbcs.dll/dcce?Site=CI&Date=20101026&Module=18&Kategori=webcasts&Class=18&Type=ACTIVE_WEBCAST&ID=2502244&Selected=4>Making the Switch to State RIA Regulation</a>,” held Oct. 26 in New York. It was moderated by news editor Bruce Kelly and reporter Mark Schoeff Jr.
Marovitz allegedly relied on inside info when trading shares in his own brokerage accounts; said to have lost 'substantial sums of money'
JPMorgan Chase & Co., Bernard Madoff's “primary banker,” was sued for $6.4 billion by the trustee liquidating the imprisoned con man's former firm.
Investors are still miffed with the securities industry for the havoc that resulted from the credit crisis. Financial advisers are somehow escaping that wrath.
The Securities and Exchange Commission will have to forge ahead with the dozens of studies and regulations called for in the Dodd-Frank financial reform law without any extra funding until at least early March.
