Last month, Sallie Krawcheck was elected to one of three large-firm governor's seats at Finra. There's just one hitch. Now that Krawcheck no longer works for BofA, she must quickly find a job at a large firm — or give up the seat.
Pershing executives are warning about a bevy of new regulations and legislation that may blindside some B-Ds and RIAs
Custody firms are engaged in a delicate balancing act, trying to accommodate a growing number of alternative investments while at the same time implementing stricter eligibility criteria for accepting those assets
Meeting tomorrow of PCAOB to take up inspection and funding program
RIA firms shouldn't expect the good times to last. After benefiting from strong equity markets in 2009 and 2010, registered investment advisory firms will be battling head winds for the next few years as they seek further growth, observers predict
Fidelity Investments is improving services for breakaway hybrid advisers who face bumps in setting up dual advisory and commission businesses, the fund giant announced today.
In addition to satisfying regulators, the wealth of information contained in revised ADV forms may be a gold mine of competitive intelligence
The House Republican budget plan put forth last week by Wisconsin Rep. Paul Ryan marks the beginning of the debate on government entitlement reforms — a rancorous clash sure to play out through the next presidential-election cycle and beyond
The Securities Investor Protection Corp. is taking issue with a warning from the SEC's inspector general that the cost of liquidating the Bernie Madoff firm and Lehman Brothers could deplete SIPC's reserve fund. Those cases won't be a problem, SIPC chief executive Stephen Harbeck said today.
Broker-dealers, get ready. Your back-office operations are now officially on Finra's front burner
