SEC Gives Compliance Officer $1M Whistleblower Award
The whistleblower is set to receive between $1.4 million and $1.6 million for reporting "imminent misconduct."
Rivlin: Fed’s Real Challenge Is Preventing Another Financial Collapse
Biggest worry isn’t when Fed will raise rates, but how it should help identify threats to financial stability, said former Fed vice chairwoman Alice Rivlin.
DOL Not Budging on Fiduciary Rule Comment Period
Labor Secretary Thomas Perez says that the current timeline, including a hearing and another chance to comment, is "a long time."
IRS Ripped at Hearing Over Service Cuts to Taxpayers
The IRS commissioner countered that budget cuts had constrained the agency's capacity to help taxpayers during filing season.
Former IAA President and CEO Tittsworth to Join Ropes & Gray
Former longtime president and CEO of IAA will join Ropes & Gray LLP’s investment management practice in June.
Taxpayer Advocate Urges IRS to Ease FATCA Rules for Americans Abroad
The IRS' Taxpayer Advocate says some Treasury and IRS reporting requirements should be merged for Americans living overseas with legitimate local bank accounts.
SEC Fines BlackRock Over Energy Fund Manager Who Owned Oil Company
BlackRock Advisors will pay $12 million for not disclosing that a top manager's portfolio was heavily invested in a venture he had a stake in.
FINRA Launches Helpline for Seniors
"Older investors are only a phone call away from getting help with questions or concerns they may have regarding their investments," says FINRA's Axelrod.
SEC OKs ‘Breakthrough’ 3-Tier Fund-of-Funds Structure
The SEC will allow Franklin Templeton to use a three-tier fund-of-funds structure, a move that one compliance firm says is a “breakthrough.”
FINRA OKs Changes to Communications Rules, Seeks Public Comment
FINRA will also file with the SEC to charge a $115 fee for the MSRB's new muni advisor qualification exam.