The Tax Extender Benefits for Your Clients
Here’s what you need to know about the tax extender provisions that Congress made retroactively relevant for 2014.
Senators Make Push to Regulate Tax Preparers
The Taxpayer Protection Act of 2015 requires preparers to demonstrate competency in preparing tax returns, claims for refunds and related documents.
96% of Financial Pros Say Industry Has a Trust Problem
Most of the professionals in a CFA Institute survey say the biggest share of blame lies with firms' culture.
Time to Reform FINRA: Mercatus Paper
A paper from the Mercatus Center's Hester Peirce argues that FINRA exhibits “a troubling independence from government, industry and the public.”
Senate Passes TRIA; National Insurance Licensing Hub Closer to Reality
“One-stop insurance licensing across state lines will soon be a reality,” says IRI's Weatherford.
Hatch Ratified as Senate Finance Committee Chairman
Hatch says he will push for a tax overhaul and to advance his SAFE Retirement Act.
FINRA Enforcement: Monex Fined for Letting Unregistered Reps Advise Clients in Mexico
Meanwhile, Merrill was fined $300,000 for supervisory failures.
SEC to Conduct ‘Presence Exams’ on Never-Examined Advisors
SEC’s 2015 exam priorities will include protecting investors, particularly retirees and pre-retirees; market structure issues like cybersecurity; and using data to identify illegal activity.
DOL Urged to Hold Off on Proposed Fee Guide
A group of business organizations turned up the heat this week in its campaign against a proposed DOL fee disclosure guide.
House Dems Defeat GOP Dodd-Frank Rollback Efforts
The House was set to consider an 11-bill legislative package, the Promoting Job Creation and Reducing Small Business Burdens Act.