How Advisors Can Secure Financing
For advisors with attractive cash flow but lacking collateral, loans are available if you know where to look for them and how to get approved.
Lawmakers Push Vote on Spending Bill; SEC Funding Boosted
Lawmakers avert shutdown with a deal late Tuesday, but critics call it a “stealth attack on financial reform.”
Retirement Savings, Household Assets Rise in 2013; Big Gains for Seniors
Total household assets increased 16% last year, according to a study by Hearts & Wallets.
More Advisor Audits Needed—Only Not From SEC: Pitt, Schweiss
Harvey Pitt and Skip Schweiss agree: it's time to privatize advisor audits.
Mark Cuban, Chris Cox Condemn SEC as ‘Rogue’ Agency
Former SEC chair Chris Cox says "we've got to [stop] people going rogue" in an admission his former agency has exhibited prosecutorial overreach.
Hearsay Social Streamlines Social Media Compliance Platform
Hearsay Social says it’s made its social profile review, pre-approval features and automatic publishing solutions more efficient.
Some RCAP Sales Agreements Reinstated; Schwab, Fidelity Ease Ban
RCAP says that 70-plus selling agreements “have been reinstated to date.”
Morgan Stanley to Award More Bonuses Up Front
Morgan’s compensation committee agreed to defer future bonus pools at an average rate of 50% instead of 80%.
BDs’ Comments Lead FINRA to Update Communication, Gift Rules
BDs request further guidance, updates on the two rules; FINRA's retrospective review process is ongoing.
SEC Slams Programmer of Virtual Currency-Based Stock Exchanges
SEC sanctioned a computer programmer for operating two online venues trading stocks using bitcoin or litecoin without registering them as BDs or stock exchanges.