The Securities and Exchange Commission is close to proposing upgrades to Part 2 of the Form ADV, the primary disclosure document that clients receive from investment advisers.
Just how out-of-touch can Lloyd Blankfein be?
Fixed-income fund managers likely will face heightened margin requirements when trading privately negotiated derivatives under the new financial services reform bill.
Broker-dealers are in favor of several proxy proposals that urge the Financial Industry Regulatory Authority Inc. to become more transparent, but they doubt Finra will implement any of the ideas even if a majority of members approve them.
Congressional negotiators today approved the most sweeping overhaul of U.S. financial regulation since the Great Depression, reshaping oversight of Wall Street.
The Labor Department today issued much anticipated fee disclosure rules for providers of services to employee pension benefit plans.
After spending the July 4 recess studying the 2,300-page overhaul measure, Sens. Scott Brown, R-Mass., and Olympia Snowe, R-Maine, announced yesterday that they will support the bill.
A bankruptcy filing in the U.K. by the embattled BP would likely leave U.S. taxpayers holding the bag. No wonder a White House officials dubs such a scenario a 'horror.'
Forget new regulations -- just dangle a bigger bone in front of Wall Street watchdogs
The groups also claim the Labor Department is stepping outside the bounds of ERISA by claiming the authority to define what investments are appropriate for plans
Crawford says legislation gives states a voice on oversight council
Former brokers with disciplinary records are going to find it harder to cover their tracks if the Financial Industry Regulatory Authority has its way. Today, the brokerage industry's self policing body proposed further expansion of broker information available through its free BrokerCheck service.
'We gave the SEC the power to do it', the Congressman said just moments before the House passed the financial-reform bill. 'And they're going to do it.'
With the federal estate tax law having lapsed — and no sign that Congress is planning to address the issue anytime soon — a growing number of states are taking matters into their own hands.
Two former financial advisers who were barred from the securities industry have sued Utah for $357.6 million, accusing state regulators of targeting them without proof of wrongdoing in an over-zealous campaign to bring down securities violators.
In an apparent first, two former financial advisers have filed a lawsuit against a state government, claiming that it violated their civil rights.
Whether or not he knows it, by setting his objective, doing his due diligence, following a process, and focusing on his goal, LeBron exhibited the skills of a good fiduciary.
Investors will soon be able to see more customer complaints, criminal convictions and rulings against brokers, a securities regulator said Tuesday.
The economy and stock market are sending mixed and confusing signals.
