'One thing Congress isn't going to do is give the SEC a bunch more money,' says Schweiss
Linkup aimed at helping Pettinga Financial cope with 'onslaught' of new regulations
Custodial firms have been raising the compliance bar for registered investment advisers, in some cases making it tougher for them to find a home.
Mike Durbin, president of Fidelity Institutional Wealth Services, has his work cut out for him.
The Charles Schwab Corp. has been hit with another lawsuit claiming that its Total Bond Market Fund, which was represented as tracking the Lehman Brothers U.S. Aggregate Bond Index, loaded up with mortgage-backed securities prior to the financial crisis.
The Charles Schwab Corp. has been hit with another lawsuit claiming that its Total Bond Market Fund, which was represented as tracking the Lehman Brothers U.S. Aggregate Bond Index, loaded up with mortgage-backed securities prior to the financial crisis.
TD Ameritrade Institutional has launched a unified managed account platform that is designed to give the firm's advisers a wider selection of money managers.
The Securities and Exchange Commission is holding off forming several new departments required under the Dodd-Frank financial reform law.
The disclosure that Mary Schapiro received nearly $9 million last year when she left her post as Finra's chief executive to become chairman of the Securities and Exchange Commission was greeted with outrage by brokerage industry participants last week.
Firm has launched six such funds in the past two months – with more on the way
