Bill Allows SEC to Greatly Boost Fines
SEC Penalties Act increases the per-violation cap for serious offenses to $1 million per violation for individuals and $10 million for firms.
Senators Prod FINRA for Broker Arb Expungement Data
FINRA CEO Richard Ketchum has until Jan. 6 to tell senators how FINRA plans to address findings that it granted nearly all expungement requests.
11 Senators Unite on Resolution to Protect Retirement Tax Incentives
With fiscal cliff negotiations putting tax incentives for retirement savings potentially on the chopping block, 11 senators have voiced their support for the employer-based retirement system by joining forces on a Sense of the Congress resolution.
Senate Republicans on Finance Committee Urge Deficit Panel to Make Changes
Republican senators' recommendations to the Joint Select Committee on Deficit Reduction include repealing the Alternative Minimum Tax and the health-care law and reforming Social Security.
Deficit Commission's Proposals Blasted by Retirement Plan Officials
Retirement planning officials sharply objected to the deficit reduction draft report that was released Wednesday by Erskine Bowles and Alan Simpson, co-chairs of the National Commission on Fiscal Responsibility and Reform.
Senate Finance Committee Examines Lessons of '86 Tax Reform
The Senate Committee on Finance held a hearing on Thursday to discuss lessons from the Tax Reform Act of 1986.
Senate Finance Committee Hears Veterans’ Troubles
At a hearing before the Senate Committee on Finance on Wednesday, military personnel testified about some of the complex financial hardships facing them.
Baucus Kicks Off Tax Talks in Senate Hearing
Discussion begins on what to do with expiring Bush-era tax cuts.
Retention Plans, Bonuses and Your Future
Should you leave a firm if you don't get a bonus? Or even if you get a bonus, is it worth staying?
HedgeWorld: And So It Begins
Now that the 111th Congress has been seated and the 44th President of the United States inaugurated, the first stirrings of hedge fund legislation and...