Barclays Capital Slammed With $97M Fine for Overcharging Clients
The firm improperly charged certain advisory clients almost $50 million in advisory fees, the SEC says.
ACA Taxes Aren't Necessarily Going Away: GOP Senators
Orrin Hatch says what stays and what goes has to be negotiated.
SEC’s Piwowar Warns About ‘SAFE’ Crowdfunding Instrument
"Despite its name, a so-called SAFE is neither ‘simple’ nor ‘safe,’” SEC Commissioner Michael Piwowar says of simple agreements for future equity.
SEC Fines Former Staffer for Ethics Violations
David R. Humphrey concealed personal trading from SEC’s ethics office and misrepresented his trading activities, the agency says.
Jay Clayton — Wall Street's Top Cop: The 2017 IA 25
Groups press the new SEC chief to prioritize a fiduciary rule; appointing staff will be among his top tasks.
NAFA Launches Campaign to Stop DOL Fiduciary Rule
"NAFA is pulling out all the stops to try to prevent any part of this rule going live on June 9," says the group's director.
Lawmakers Push Bill Allowing Student Debt to Be Discharged in Bankruptcy
The bipartisan bill changes federal bankruptcy rules to establish parity between student loan debt and other debt.
Buffett Says Wells Fargo 'Totally Wrong' in Approach to Scandal
Bank failed to act promptly when problems flagged, Buffett says; Berkshire is largest shareholder in Wells Fargo.
Munger Says Fellow Republicans Are ‘Bonkers’ for Taking Away Bank Regulations
He says banks need to act in a "careful, standardized way"; Trump has called Dodd-Frank regulation a "disaster."
David Gergen Handicaps the Republican Agenda
The former presidential advisor says passage of a health care bill will clear the way for smaller than expected tax cuts and deregulation.