SEC User Fees the Answer to Exam Budget Crunch: Investor Advocate
SEC investor advocate Rick Fleming called on Congress to pass a user fees bill, saying investors faced “substantial risk” from unexamined advisors.
Under the Hood: Medicare Pt. 2, the Premiums—What You Need to Know
Understanding the premiums for Medicare parts A, B, and D, along with some changes to the program from the Affordable Care Act.
Yellen Still Sees ‘Significant’ Under-Use of Labor Resources
Federal Reserve Chair Janet Yellen said slack remains in the U.S. labor market even after gains made during the five years of economic recovery.
Bank of America Settlement Ends Mortgage Crisis Lawsuits? Not So Fast
Following a Supreme Court directive, a federal appeals court ruled a lawsuit on behalf of several credit unions over mortgage-backed securities could proceed.
Enforcement Roundup: Standard Chartered to Pay $300M, Cut Services
In another enforcement action, the SEC charged a former bank exec and his friend with insider trading.
Wells Fargo, Raymond James Recruit Teams; LPL Financial Adds 13 Reps
Plus, HighTower and NFP add separate retirement-plan groups to their operations as partners.
Hearsay Social Rolls Out Facebook Ad Tool
The program aims to help advisors and others promote their posts via social media.
BofA to Pay $16.65 Billion in Historic Mortgage Settlement
The deal includes $9.65 billion paid to various government agencies, including Justice and the SEC, and $7 billion for struggling homeowners.
Financial Engines Lawsuit Could Spark Other Robo-Advisor Suits
Financial institutions that offer computer-based advice, or are considering it, should pay close attention to the Financial Engines case.
Kickstarter: The Rosie the Riveter of Investing?
Two recent studies report women have higher rates of success than men in funding their projects through crowdfunding sites like Kickstarter and Indiegogo.