Mark Schoeff Jr.

Mark Schoeff Jr. is a senior reporter at InvestmentNews. Based in Washington, D.C., he covers legislation and regulations affecting retail investment advisers and brokers. Prior to joining InvestmentNews in 2010, he wrote about employment and labor law for Workforce Management, a magazine that was published at the time by Crain Communications. He is a member of the National Press Club board. Before migrating to the editorial side of the journalism ecosystem, he served as press secretary for the late Sen. Richard Lugar of Indiana and as director of external relations for the Center for Strategic and International Studies, a think tank in Washington. In a region where people keep their hometown loyalties intact, he has lived in the Washington area long enough to become an actual fan of the Nationals, Wizards, Capitals and the Washington Football Team. He earned a bachelor’s degree from Purdue University and a master’s degree from George Mason University.

Mark Schoeff Jr.
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DOL schedules hearing on investment advice proposal
RETIREMENT RETIREMENT PLANNING AUG 21, 2020
DOL schedules hearing on investment advice proposal

The session is slated for Sept. 3 following pressure from Democratic lawmakers and investor advocates

Labor Department's ESG proposal likely to advance amid overwhelming opposition
RETIREMENT RETIREMENT PLANNING AUG 21, 2020
Labor Department's ESG proposal likely to advance amid overwhelming opposition

More than 95% of nearly 8,700 comment letters opposed the rule, according to a recent study by US SIF

FPA moves annual conference online
NEWS RIAS AUG 20, 2020
FPA moves annual conference online

The association joins large wealth management firms, like LPL Financial and Schwab, in hosting virtual gatherings during the pandemic

State regulators disrupt more than 200 pandemic-related frauds
NEWS REGULATION AND LEGISLATION AUG 19, 2020
State regulators disrupt more than 200 pandemic-related frauds

The worst may be yet to come as another wave of scams is expected regarding potential vaccines, the task force announced

SEC share-class crackdown could spell the end for 12b-1 fees
INVESTING MUTUAL FUNDS AUG 19, 2020
SEC share-class crackdown could spell the end for 12b-1 fees

The latest case has some experts wondering if any level of disclosure will suffice

DOL rule requires lifetime income estimates on retirement plan statements
RETIREMENT RETIREMENT PLANNING AUG 18, 2020
DOL rule requires lifetime income estimates on retirement plan statements

The regulation would implement a SECURE Act provision intended to help savers assess their nest eggs

Democrats oppose DOL investment advice rules as convention begins
NEWS REGULATION AND LEGISLATION AUG 17, 2020
Democrats oppose DOL investment advice rules as convention begins

Vice presidential pick Kamala Harris signed a comment letter seeking withdrawal of the measure in August

SEC orders firm to pay for share-class disclosure failures
YOUR PRACTICE PRACTICE MANAGEMENT AUG 14, 2020
SEC orders firm to pay for share-class disclosure failures

Fresno, California-based SCF Investment Advisors took 12b-1 fees from mutual funds and revenue sharing from money market funds

Advisers frustrated with Washington stalemate over pandemic relief
NEWS RIAS AUG 13, 2020
Advisers frustrated with Washington stalemate over pandemic relief

They urge getting money into the hands of Americans to boost consumer spending

SEC highlights compliance risks amplified by pandemic
YOUR PRACTICE PRACTICE MANAGEMENT AUG 12, 2020
SEC highlights compliance risks amplified by pandemic

The regulator wants firms to beef up supervision of remote workers and increase controls on fees and expenses