If IRS Commissioner John Koskinen could set the agenda for the upcoming lame-duck session of Congress, he would make renewal of dozens of expired tax breaks the priority. If Congress doesn't act before the end of November, filing season could be postponed, giving taxpayers a big headache.
With Senate control at stake in tomorrow's election, interest groups representing the brokerage and insurance industries are spending substantially more than financial adviser groups, and are adding to their lead.
Midweek <i>Breakfast with Benjamin:</i> Republicans ready to rule. Plus: What investors might expect, advice from Jack Bogle, the hits keep coming for Nick Schosch and Pimco's bad October.
Investment advisers optimistic that Republican takeover of the Senate will create a better political atmosphere.
RCS Capital seeks to pull out of a $700M deal to acquire two Cole companies from American Realty Capital Properties, which last week <a href="//www.investmentnews.com/article/20141029/FREE/141029902/nicholas-schorsch-downplays-arcps-23m-accounting-debacle"" target=""_blank"" rel="noopener noreferrer">revealed a $23M accounting error</a>.
On Monday's <i>Breakfast with Benjamin</i> menu: Fund managers in a bind. <i>Plus</i> more trouble for Nicholas Schorsch? And Republicans looking stronger going into Election Day, stocks to consider with a GOP-controlled Congress, it's time to think about taxes already.
A well-educated arbitrator will be better able to see phony arguments from both sides in a dispute.
More than a third of brokerage firms examined by Finra and the SEC made one or more potentially unsuitable recommendations of variable annuities to senior investors.
Firms are at the drawing board designing retirement products, thanks to new guidance issued last week by the Treasury and Labor departments
Head of the agency's Division of Investment Management will leave before the end of the month
Regulator says the clearing and custody firm violated the customer protection rule, which requires that a certain level of funds be set aside to protect against broker-dealer misuse or insolvency.
SEC examiners are using a new analysis tool that looks at 27 different areas of data from advisory firms, securities lawyer says.
The revelation of accounting errors at Nick Schorsch's flagship REIT, American Realty Capital Properties, could not have come at a worse time. Here's why. <i>(Also: <a href="http://www.investmentnews.com/article/20141030/FREE/141039985/national-planning-holdings-puts-kibosh-on-arc-nontraded-reit-sales" target="_blank">BD puts kibosh on ARC nontraded REIT sales</a>)</i>
SEC official tells alternative mutual funds to define principal strategies for investors.
Selling away is just one of the allegations that felled James “Jeb” Bashaw, LPL's former Houston branch manager.
It's time for Finra to get serious about making sure investors know BrokerCheck exists.
Agency approves Finra's proposal to boost fees on larger claims in order to better pay the roughly 6,300 arbitrators
Claims over the firm's Puerto Rican bond funds exceed $900 million, three times as much as in the first quarter, and plaintiffs' attorneys say the number will probably climb higher.
Finra fines WFG Investments $700,000 for failing to supervise registered reps
Mark Casady apologizes to LPL Financial shareholders for compliance missteps as company takes hit to third-quarter profits. <i>(See also: <a href="//www.investmentnews.com/article/20141017/FREE/141019926"" target=""_blank"" rel="noopener noreferrer">LPL's regulatory hit list</a>)</i>
