Proposed 2013 budget would gut dividend tax break, impose Buffett rule, raise top marginal rate to nearly 40%
Newly released final rule for disclosure to plan sponsors to kick in this July; controversial proposals dumped
But overall, Finra says number of arb cases down substantially last year
Virtual database of actions replaces old paper-based system; not a response to BrightScope, spokeswoman says
Heavy lobbying effort to preserve 15% tax rate; 'constituency that Congress always cares about'
Regulator cracking down on risky or nontraded REITs, VAs and private placements; also zeroing in on B-Ds' fees
Four brokers who won a $1.1 million arbitration award against Wachovia Securities LLC last month are asking a federal court to punish the firm for what they say are misrepresentations it made in getting a temporary restraining order against them.
The bad blood between St. Louis crosstown rivals Stifel Nicolaus & Co. Inc. and the former Wachovia Securities LLC continues.
Rep. Tim Huelskamp from Kansas has proposed a bill that would permanently repeal the estate tax; Finra warns advisers about risky investments, while the SEC urges responsibility when using social media.
Allen Stanford investors claim regulators should have glommed on to the Ponzi scheme much earlier.
Named as defendants in the lawsuit filed Wednesday by UBS Financial Services Inc. are David Kinnear and Kathleen Bakas.
Montana farmers are suing John Corzine for fraud, saying he oversaw the misappropriation of their commodity trading account funds.
'No justification' for Wall Street giant getting a pass, says one compliance expert; making ex-boss of Goldman Sachs take a Series 7 might be deemed laughable
