Regulation And Legislation

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PE man Romney not doing PE industry any favors
NEWS ALTERNATIVES FEB 10, 2012
PE man Romney not doing PE industry any favors

Candidate's tax revelation casts unflattering light on shadowy world of private equity; 'crazy not to bring it up'

State of disunion: Obama backs wealth tax, GOP fires back
NEWS REGULATION AND LEGISLATION FEB 10, 2012
State of disunion: Obama backs wealth tax, GOP fires back

President calls for implementation of Buffett rule; gridlock more likely

Trustee demands $19B in damages from Madoff-'enabling' JPMorgan
NEWS REGULATION AND LEGISLATION FEB 10, 2012
Trustee demands $19B in damages from Madoff-'enabling' JPMorgan

Bernard Madoff Ponzi scheme trustee Irving Picard has filed a revised lawsuit now claiming a minimum of $19 billion in damages from JPMorgan Chase & Co.

Interest in Romney's carried interest compounding
NEWS REGULATION AND LEGISLATION FEB 09, 2012
Interest in Romney's carried interest compounding

Opponents -- both Dems and Republicans -- pouncing on front-runner's low tax rate; 'terrible blunder'

Buffett on Romney's taxes: Blame Congress, not candidate
NEWS REGULATION AND LEGISLATION FEB 09, 2012
Buffett on Romney's taxes: Blame Congress, not candidate

Carried-interest break Washington's fault, Oracle says; 'the wrong policy to have'

NEWS REGULATION AND LEGISLATION FEB 09, 2012
Advisers see Romney as centrist most likely to unseat Obama

Mitt Romney may have trouble convincing some Republicans of his conservative bona fides, but his emergence as the GOP presidential front-runner is just fine with investment advisers, many of whom think that he has the best chance of beating President Barack Obama.

NEWS REGULATION AND LEGISLATION FEB 09, 2012
Romney tax plan more deficit booster than deficit buster: Study

A new study by the non-partisan Tax Policy Center shows that Mitt Romney's tax plan would add $600 billion to the government shortfall.

Investment pros see Romney's tax break as welfare for the Mitt
NEWS REGULATION AND LEGISLATION FEB 07, 2012
Investment pros see Romney's tax break as welfare for the Mitt

Survey finds little support for carried interest income treatment; 'scream bloody murder'

Ketchum: Finra's focus on conflicts of interest compounding
NEWS REGULATION AND LEGISLATION FEB 03, 2012
Ketchum: Finra's focus on conflicts of interest compounding

SRO's boss says issue now a top concern for regulator; also homing in on disclosure for complex products

Finra-Schwab dispute heats up
NEWS REGULATION AND LEGISLATION FEB 03, 2012
Finra-Schwab dispute heats up

Flap stems from brokerage's new arbitration agreement prohibiting customers from filing class action

NEWS RIAS FEB 03, 2012
Don't change rules because of deadbeat brokers

While brokerage firms have every right to expect former brokers to honor the agreements they make when accepting recruiting and retention bonuses, Finra should resist pressure to rewrite its rules to make it easier for firms to collect unreturned bonuses.

Top corporations spent more on CEO comp, lobbying than taxes
NEWS REGULATION AND LEGISLATION FEB 03, 2012
Top corporations spent more on CEO comp, lobbying than taxes

Offshore tax havens reduced bill substantially; Levin, others target loopholes

TD foots bill for study of investment adviser oversight
NEWS REGULATION AND LEGISLATION FEB 03, 2012
TD foots bill for study of investment adviser oversight

Move lauded by industry and consumer groups; 'need to get all the facts out on the table'

Fee disclosures could put the squeeze on 401(k) fund firms
NEWS RETIREMENT PLANNING FEB 02, 2012
Fee disclosures could put the squeeze on 401(k) fund firms

Asset managers that provide investments and nothing else may feel pricing pressure from index funds, plans sponsors

Now, Dems iffy about universal fiduciary duty
NEWS REGULATION AND LEGISLATION FEB 02, 2012
Now, Dems iffy about universal fiduciary duty

Influential senator tells NAIFA a single standard should not hinder investors' ability to get advice

NEWS RIAS FEB 02, 2012
Retirement plan brokers outsource fiduciary duties

As the Labor Department and lobbyists wrangle over who can provide advice to retirement plan participants, the marketplace has come up with an increasingly popular solution that satisfies current and potential requirements.

Complex investment products to see more scrutiny
NEWS REGULATION AND LEGISLATION FEB 01, 2012
Complex investment products to see more scrutiny

Finra 'puts firms on notice' about their internal supervisory procedures regarding complex investment products

Romney got whopping refund from IRS
NEWS REGULATION AND LEGISLATION JAN 31, 2012
Romney got whopping refund from IRS

Uncle Sam sent presidential candidate $1.6M check for 2010; 'paid 100 percent of what he owes'

NEWS REGULATION AND LEGISLATION JAN 30, 2012
Broker brothers charged over alleged sale of 'funny paper'

Wolfsons made millions off naked short selling of Chipotle Mexican Grill, SEC claims

Dallas Fed head called Bill Gross an 'oddball' during meeting
NEWS REGULATION AND LEGISLATION JAN 30, 2012
Dallas Fed head called Bill Gross an 'oddball' during meeting

After making remark, Fisher asked to have comment withheld from transcript; 'Lindsay Lohan Congresses'