Investors Say No to FINRA’s CARDS Plan
"Data from this survey reveals that investors have serious concerns about the CARDS proposal and the risks such a system could pose to their privacy," says SIFMA CEO Bentsen.
NASAA Launches Online System for Reg D Filings
Electronic Filing Depository creates an 'efficient, streamlined system for state Form D filing requirements,' says NASAA's Beatty.
Sen. Hatch’s 2015 Priority: Torpedo DOL Fiduciary Efforts
Sen. Orrin Hatch, who will take over as Finance Committee chairman, says he will reintroduce his SAFE Act, which halts DOL’s fiduciary overhaul.
Schorsch Resigns From American Realty Capital Post
Two other executives also are leaving the real estate venture, six weeks after accounting errors were announced.
SEC's White Vows to Get Tougher on Mutual Funds
"Liquidity management and the use of derivatives in mutual funds and ETFs are two key areas of focus" for SEC staff, Chairwoman White says.
The Qualities That Make Fama a Mensch, Says French
Eugene Fama is known above all for his asset-pricing model; less well known publicly is that he is also a role model.
Sterne Agee Takes Ex-CEO to Court Over Luxury Spending
The lawsuit comes after the wealth-management firm was told James Holbrook faced federal investigations.
Coburn Calls for ‘Fairer, Flatter’ Tax Code
Best solution would be to throw it out and start again, but in the meantime, he calls for end to preferences on municipal bonds, carried interest, cash-value life insurance and credit unions.
SEC, DOL Enforcement: Fiduciaries Fined $4.7M Over Fake Health Plan
Also, co-owners of Reliance Financial Advisors charged with making false statements to clients investing in a risky hedge fund.
How Advisors Can Be the Next Disruptors
Financial advisors needn’t fear the ravages of disruptive technology, Jud Bergman, Spenser Segal and Eric Poirier say.