House Panel Passes Cybersecurity Bills
The House Committee on Homeland Security passed three bipartisan cybersecurity-related bills late Monday.
Harbinger Capital COO to Pay SEC Fine Over Falcone Scheme
Peter Jenson admits wrongdoing in scheme to misappropriate millions from a hedge fund they managed to pay Falcone’s personal taxes.
4 Ways to Spot Social Media Investing Scams: SEC
SEC warns in a recent investor alert that social media can be a hotbed for stock schemes.
Treasury Clears Way for Longevity Annuities in 401(k)s, IRAs
The Treasury Department and the Internal Revenue Service issued final rules on July 1 to make longevity annuities—which provide regular payments that begin at an advanced age and continue throughout the individual's life—accessible to the 401(k) and IRA markets.
Variable Annuities a Top Source of Customer Complaints: FINRA
Two top officials at the Financial Industry Regulatory Authority and the Securities and Exchange Commission recently highlighted their concerns regarding annuities.
Dodd-Frank: Four Years Later
As the fourth anniversary of the Dodd-Frank Act's passage into law hit in late July, regulators and lawmakers aired their opinions about how the financial reform law is working—or not.
10 Ways Regulators Can Improve Dodd-Frank
Since its inception in 2012, the Bipartisan Policy Center's financial regulatory reform initiative has proposed 100 recommendations to improve Dodd-Frank. Here are 10 recommendations BPC released in mid-July.
15 Biggest Political Donors in Financial Industry: 2014
Wall Street banks and financial trade groups have dished out $800 million during the current campaign cycle, Americans for Financial Reform says.
Social Security Disability Fund Teeters on Brink of Broke
Social Security's chief actuary warned senators that the disability trust fund needs help "soon" or reserves will run out in 2016.
SEC OKs FINRA Rule on Expungement of Broker Black Marks
The rule “helps to reduce FINRA’s lack of transparency about a broker’s complaint history,” said investor lawyer Jason Doss.