FPA Supports Federal Oversight of Indexed Annuities
As the comment period on the SEC's proposal to regulate indexed annuities as securities under the Securities Act of 1933 came to a close on September 10, the Financial Planning Association (FPA) told the SEC it supports federal regulation of indexed annuities.
Throughout the remainder of this year and into 2009, all eyes will be on how Treasury's Blueprint for financial services reform plays out. We've already...
SEC Chairmen of Yore Speak
How can you fail to listen when six former SEC chairmen gather to talk about today's regulatory environment? During a roundtable discussion at SEC headquarters...
One of the undisputed benefits of possessing great wealth is that you control your life more than those less blessed. One of the undisputed roles...
A big blow to "shareholder rights" advocates
Do you want a greater say in how the companies you invest in are run, or do you trust management to make the tough decisions...
Another SEC Commissioner to Leave Office
SEC Commissioner Paul Atkins announced May 5 that will leave the Commission; he was originally appointed by President George W. Bush in August 2002.
Donohue on the Rand Report & Paulson
The SEC has a number of initiatives on its plate this year that could make advisors' lives easier, or not. For instance, advisor regulation will...
What Lurks Beneath
When two of Bear Stearns's highly leveraged hedge funds that reportedly had invested in subprime loans imploded last summer, the firm stepped in with $1.6...
Over the past five years, the focus has shifted for the independent advice community, a shift that has been reflected in the IA 25, our...
SEC To Issue Report on Credit Ratings Agencies
SEC Chairman Christopher Cox told Congress April 22 that the Commission plans to release by early summer a report detailing the Commission's examination of rating procedures used by credit ratings agencies.