SEC, FINRA Enforcement: Ex-Oppenheimer Employees Fined in Penny Stock Case
Meanwhile, FINRA fined Global Strategic Investments LLC for suspicious Venezuelan bond activity.
IRS, Treasury Halt Buyouts of Retirees Getting a Pension
The Pension Rights Center applauds the move, calling the buyouts “among the most cynical and dangerous pension abuses we’ve seen.”
IRS, Treasury Close Alt Investment Tax Loophole
Sen. Ron Wyden applauds the move to "bring the hammer down on these basket options once and for all."
Ben Bernanke: Hands Off Hamilton’s $10 Bill!
The former Fed chairman talks baseball and says Treasury should replace Andrew Jackson on the $20 bill instead.
What if We Replaced IRAs and 401(k)s?
A Brookings paper proposes replacing all tax-advantaged retirement plans with a single plan: The Universal Retirement Savings Account.
IRS Deadlines Loom for Taxpayers With Offshore Accounts
IRS reminds taxpayers of important June deadlines for FATCA and FBAR filings.
Taxpayer Advocate Urges IRS to Ease FATCA Rules for Americans Abroad
The IRS' Taxpayer Advocate says some Treasury and IRS reporting requirements should be merged for Americans living overseas with legitimate local bank accounts.
IRS, Treasury Pave Way for Easier 401(k) Auto-Enrollment
The Treasury and IRS have issued guidance intended to facilitate automatic enrollment and contribution increases in 401(k) and similar retirement savings plans.
Obama Issues Order to Fight Cyberattacks
The executive order creates a new way for the U.S. government to better respond to the "most significant" cybersecurity threats.
New Hire Roundup: Morningstar Names HelloWallet Founder Head of Innovation
Meanwhile, Merrill adds a former UBS team in Texas.