Legislation that would limit the scope of regulation requiring municipal advisers to register with the Securities and Exchange Commission sailed through a congressional panel Wednesday.
Regulator typically announces charges amid great fanfare but tends to bury its losers
Robert Langguth allegedly cheated more than 100 investors out of $16.7M
Mary Schapiro is nearly four years into her term as chairman of the Securities and Exchange Commission. Will she see a fifth? Speculation is that Ms. Ms. Schapiro is on her way out — probably of her own accord.
Claims Barthelemy Group exaggerated assets 'tenfold'
Financial advisers and broker-dealers can expect a re-energized Labor Department to step up enforcement actions and investigations next year, thanks to the election.
Says DOL's Borzi emphatic about pushing through new definition of fiduciary
Deal, predicts Schwab's top strategist, who thinks the fiscal cliff will be averted. But say goodbye to low cap gains rates. | <a href=http://www.investmentnews.com/article/20121113/FREE/121119974>Osterland: Bland, not grand, bargain would suffice</a> &raquo;
Small compromises and concession would likely help U.S. steer clear of fiscal cliff
SRO's NYC office closed due to storm
State regulators warn about con artists touting hurricane-related investments, other come-ons
SEC opponent of earlier money fund reform now backs floating NAV; tide turning?
For months, SEC boss Mary Schapiro has battled industry heavyweights opposed to her plan for reforming money-market funds. Late last night, Schapiro gave up the fight.
William C. Dudley, president of the Federal Reserve Bank of New York, said new rules are needed to protect the financial system from a run on money-market mutual funds.
Rule would open door to general solicitation for private securities
One of the largest nontraded REITs has been sued by an investor in a potential class action, with the investor alleging negligence and a breach of fiduciary duty.
Advisers rally around Ron Rhoades, who yesterday bowed out as the next chairman of NAPFA after acknowledging a minor compliance violation.
