SEC opponent of earlier money fund reform now backs floating NAV; tide turning?
For months, SEC boss Mary Schapiro has battled industry heavyweights opposed to her plan for reforming money-market funds. Late last night, Schapiro gave up the fight.
William C. Dudley, president of the Federal Reserve Bank of New York, said new rules are needed to protect the financial system from a run on money-market mutual funds.
Rule would open door to general solicitation for private securities
One of the largest nontraded REITs has been sued by an investor in a potential class action, with the investor alleging negligence and a breach of fiduciary duty.
Advisers rally around Ron Rhoades, who yesterday bowed out as the next chairman of NAPFA after acknowledging a minor compliance violation.
Will Obama settle for more 'revenue' rather than higher 'rates' from wealthy?
IRS focus on individuals, small business with income over $200k could bring in extra $1B.
Status quo election offers slim chance for compromise on fiscal cliff, tax cuts and fiduciary standard, advisers say following the Obama victory
Industry groups ready to go to the mat over deductions and other incentives
The latest Brinker Barometer does not bode particularly well for President Obama.
The fate of a proposed regulation that could have a profound impact on investment advisers is resting on the results of tomorrow's presidential election.
The CFP Board's new sanction guidelines cover 40 types of misconduct
Finra and SEC to provide grace period on certain filings for firms located in areas hit by massive storm
Obama win would mean green light for DOL proposal; Romney, red
Uncertainty about the future weight of regulations making their way through the bureaucratic maze in Washington is harming the banks, their clients in corporate America and economic growth.
