September 08, 2010 Costs to taxpayers over 10 years estimated at $30 billion....
September 08, 2010 Impact of the recent crisis ‘profound’ for small communities....
September 07, 2010 As Congress gears up to starts its fall session, Putnam Investments is wasting little time in pressing lawmakers to pass auto-IRA legislation. ...
September 07, 2010 As part of its efforts to modernize, the Securities Investor Protection Corp. will hold its first-ever online forum for investors who want to speak out about the SIPC’s operations at 8 p.m. EDT on September 14 at www.SIPCModernization.org....
September 07, 2010 SEC Chair Mary L. Schapiro spoke about "Strengthening Our Equity Market Structure" to The Economic Club of New York on September 7. ...
September 06, 2010 Barney Frank’s seat on the financial services committee is just one of the coveted positions....
September 03, 2010 Dodd-Frank requires municipal advisors to register with the SEC by October 1....
September 03, 2010 The asset manager creates investment products for underserved consumers....
September 03, 2010 The six-month SEC study is required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. ...
September 02, 2010 ‘Incorrect perception that Lehman did not have sufficient capital’ also cited....
September 02, 2010 NRSROs should implement sufficient internal controls over policies, procedures, and methodologies used to determine credit ratings....
September 02, 2010 Elderly clients bilked through promises of ‘loophole’ returns....
September 02, 2010 Pinnacle Capital Markets also assessed penalty by FinCEN....
September 02, 2010 Fed chief tells panel that the ‘too-big-to-fail problem must be solved.’...
August 31, 2010 Papers from practitioners and academics and all POV due by August 31....
August 31, 2010 A new book from some leading financial thinkers asks: ‘What is the financial system for?’...
August 31, 2010 ‘Must-read’ papers include diverse views about fiduciary duty as applied to advice to investors....
August 31, 2010 Attracted by promises of high returns? Think Madoff....
August 31, 2010 In August meeting, attempts made to answer tough questions....
August 31, 2010 Unclear whether SEC will seek input on study of FINRA as SRO for advisors....
August 31, 2010 In transparent process, industry misinformation shows up. Let us clear it up....
August 30, 2010 Monday, August 30, marks the last day the Securities and Exchange Commission (SEC) officially accepts comment letters regarding the study the securities regulator is to conduct on putting brokers under a fiduciary standard of care. ...
August 29, 2010 Bradley offers insight on the rise of the RIA industry and where it’s headed next. ...
August 27, 2010 While economic growth has slowed, Fed chief sees growth in 2011 and beyond....
August 26, 2010 Public invited to weigh in on basic financial literacy ‘core competencies.’...
August 25, 2010 The Securities and Exchange Commission (SEC) voted Wednesday to give shareholders a greater say in nominating corporate boards of directors at publicly-traded companies starting in 2011....
August 24, 2010 Senators express ‘deep’ concern about limiting disclosures to only mutual funds....
August 23, 2010 AIG announced that it has repaid almost $4 billion to the Federal Reserve Bank of New York. International Lease Finance Corporation, a subsidiary of AIG, sold $4.4 billion in secured and unsecured notes to make the $3.9 billion payment. ...
August 20, 2010 The New York Attorney General’s office has widened its investigation of retained asset accounts (RAAs) to include several more insurers, according to our sister publications from National Underwriter. ...
August 20, 2010 A federal judge said Monday she's not ready to approve the government's $75 million settlement with Citigroup Inc. of civil charges it misled investors about billions in potential losses from subprime mortgages....
August 20, 2010 Just one day after settling allegations of fraud with the Securities and Exchange Commission, New Jersey sold $2.25 billion in short-term notes, a new record....
August 20, 2010 The industry-sponsored group that oversees stock brokers fined Merrill Lynch $500,000 Wednesday for failing to provide sales charge discounts to eligible customers on certain investments....
August 20, 2010 Stocks closed moderately lower Friday, August 20, as investors' pessimistic view of the economy deepened....
August 20, 2010 Denise Voigt Crawford, Texas Securities Commissioner and president of NASAA, says states are “ready to go” in regulating the approximately 4,000 extra advisors that will officially shift next year....
August 19, 2010 The MSRB is seeking comment on amendments to MSRB Rule G-23 that will prohibit municipal securities dealers that act as financial advisors on new issues of municipal securities from serving as an underwriter for the same issue, the MSRB says....
August 19, 2010 Largely overlooked in the wake of financial regulatory reform, on July 22 two government agencies released reports discussing the regulation of life insurance settlements. ...
August 18, 2010 The SEC charged the State of New Jersey on Wednesday with securities fraud for misrepresenting and failing to disclose to investors in billions of dollars worth of municipal bond offerings that it was underfunding the state’s two largest pension plans. ...
August 18, 2010 U.S. Senators Jeff Bingaman and John Kerry introduced the Automatic IRA Act of 2010, which they say takes a common-sense approach to addressing the nation's retirement savings crisis....
August 17, 2010 In prepared remarks on Tuesday, August 17, Geithner accused Fannie Mae and Freddie Mac of reckless strategies enacted to "maximize short-term returns to shareholders and senior management." ...
August 17, 2010 Andrew “Buddy” Donohue, director of the Securities and Exchange Commission’s Division of Investment Management, is leaving the agency in November. ...
August 16, 2010 Provision in Dodd-Frank Act would prevent access to financial transaction information....
August 16, 2010 The Federal Reserve Board on proposed enhanced consumer protections and disclosures for home mortgage transactions....
August 16, 2010 NAIC working group releases consumer alert on the accounts....
August 16, 2010 A financial storm may be brewing for the debt-laden, stressed young Americans who are part of the Generation Y demographic, according to a recent Western Union survey....
August 13, 2010 BlackRock survey found advisors believed an over reliance on computer systems and some types of high frequency trading were primary drivers of crash....
August 13, 2010 Number of elderly expected to more than double to 89 million by 2050....
August 12, 2010 Stocks and interest rates tumbled Wednesday, August 11, as investors around the world took a bleaker view of the U.S. economy....
August 12, 2010 Independent Portfolio Consultants (IPC) has transferred 1,400 client accounts worth over $1 billion away from troubled broker-dealer Jesup & Lamont Securities Corp. to the broker-dealer subsidiary of Clearbrook Financial....
August 12, 2010 An SEC that takes in nearly half a billion dollars more than Congress grants it is not as strong as Congress could make it....
August 11, 2010 As the SEC continues its study of whether brokers who provide advice to individual investors must, like investment advisors....
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