Group's research indicates commission-based accounts most cost-effective; critic dubs study 'a complete and total waste'
The potential for political upheaval on Capitol Hill following the Nov. 2 election has grabbed the attention of many financial interest groups — and has some preparing to change the targets for their advocacy efforts.
One by one, the groups representing constituencies in the financial services industry have trooped into meetings with SEC officials to present their arguments about whether the commission should promulgate a regulation imposing a universal standard of care for retail investment advice
While federal agencies conduct scores of studies and write hundreds of regulations implementing the sweeping Dodd-Frank financial-reform law, investment advisers wait with trepidation
Despite a recession and uneven economic recovery over the last year, the investment advice industry has grown — both in the number of practitioners and the amount of money they guide, according to a study released Wednesday.
Proposed change to ERISA expands fiduciary duty to include brokers who advise pension plans
Investment advisers and their clients may want to wait before crafting financial strategies to address the tax relief and spending proposals outlined last week by President Barack Obama.
Investment advisers and their clients may want to wait before crafting financial strategies to address the tax-relief and spending proposals outlined today by President Barack Obama.
Securities and Exchange Commission Chairman Mary Schapiro said her agency is poised to take on the scores of directives mandated by the financial regulatory reform bill President Barack Obama will sign into law Wednesday.
