Investors need appropriate safeguards before making risky investments in private offerings, consumer group warns
Pension expert Mitchell calls program "best deal going."
Flexibility designed to make CE more relevant; ethics still a requirement
President Barack Obama has threatened to veto a bill that would halt -- or possibly kill -- a Labor Department regulation designed to strengthen investment advice standards for retirement plans. The bill would prohibit the DOL from proposing its regulation until 60 days after the Securities and Exchange Commission has finalized a similar rule to raise standards for brokers providing retail investment advice.
“The proposal would completely foreclose broker-dealers from the retirement-planning and investment-planning businesses — businesses in which broker-dealers have served clients for many decades,” wrote Kevin Carroll, SIFMA's managing director and associate general counsel.
Federal deductions for individuals for state and local taxes, as well as R&D credits for businesses also on list.
Federal deductions for individuals for state and local taxes, as well as R&D credits for businesses also on list for Dec. 31 cutoff
State securities regulators cracked down on more investment adviser applications last year after thousands of midsize advisers switched to state oversight from the SEC.
“It's not a game of gotcha,” SEC chairman tells compliance officers.
