Ever since the Dodd-Frank financial reform law was enacted, Capitol Hill Republicans and the financial industry have insisted that the Securities and Exchange Commission and other regulators carefully measure for the potential impact of new rules on the markets. Industry was not alone in traveling the cost-benefit-analysis highway this week. Fiduciary advocates demonstrated that it is a two-way street.
The SEC is actively reviewing advisers' ADV forms. What's the commission looking for? Tarted up claims, including inflated education or professional credentials.
Transition from SEC rule doesn't require outside help, just effort; fiddling with AUM
Albridge survey shows most brokerages fork out 10% of revenue on oversight
The SEC says it is targeting senior management in its reviews of brokerages and advisory firms.
Democrats and Republicans are headed for a big blowup over taxes — and the treatment of capital gains could be what sets them off.
The latest round of budgetary brinksmanship recalls a similar government flirtation with financial calamity
Schumer lacks specifics of tax plan; Republicans balk
Judge Jed Rakoff, the scourge of Wall Street, presses for accountability
SRO legislation on top of the list but little action expected until '13
FPA President Paul Auslander vows to lead by example in Florida; few will follow
A look at the ICI's predictable argument
The SEC's plan to let hedge funds advertise Reg D offerings isn't sitting well with the retail fund industry. Here's why.
Pressing concern over alternate tax might drive the parties toward a compromise by year-end
A deal to extend the alternative minimum tax patch on Thursday could be a harbinger of a broader attempt to change the tax code.
