SEC’s Top Cop, Khuzami, to Leave
The SEC’s top cop, Robert Khuzami, plans to leave the agency later this month after four years as its enforcement director, the SEC announced Wednesday.
Top 13 Regulatory Predictions for 2013
Former SEC Commissioner Annette Nazareth, who’s now with Davis Polk & Wardwell, and her colleague Gabriel D. Rosenberg released in early January their list of 13 key regulatory predictions for this year.
Why REITS Have Been on a Tear
Depressed prices, limited supply and a feverish quest for yield are just some of the factors that have propelled real estate to outperformance.
Three Washington Heavyweights to Drive Advisor Agenda in ’13
Three key Washington heavyweights will have a crucial role in advisors’ lives next year: Elisse Walter, the new SEC chairman; Rep. Jeb Hensarling, the incoming House Financial Services chairman; and Phyllis Borzi, at the DOL’s EBSA.
Schwab’s Sonders: Election Gives ‘No Clarity’ on Fiscal Cliff; Townsend on Dodd-Frank
If Congress and Obama don’t show they can “play nicely in the same sandbox,” consumer confidence would suffer and there would be a real risk of a modest recession, Schwab’s chief investment strategist says, though she still sees some silver linings post-election.
Do New Fannie-Freddie Bonds Signal Return of Asset-Backed Securities?
Fannie and Freddie are unable to issue higher-yielding bonds because of an unintended effect of Dodd-Frank; an exemption would create a ‘risk-sharing’ bond market that would benefit the mortgage giants.
Time to Rethink Bond Strategy?
With current bond yields low, interest rates lower and the economic outlook “cloudy at best,” Ken Volpert, head of Vanguard’s Taxable Bond Group, says the organization “doesn’t think future bond returns will be nearly as robust as they’ve been.
Today’s Bond Yields Are ‘Financial Repression’: Vanguard Expert
Ken Volpert, head of Vanguard’s Taxable Bond Group, wants to be sure that bond investors are prepared for what lies ahead—namely small to negative returns.
SEC, FINRA, DOL Enforcement Roundup: 8 Charged for Insider Trading on Pharma Deal
Among the recent actions taken by the regulators were a settlement of $1.27 million to be paid by an advisory firm to 13 pension plans and charges in an insider trading ring.
New Hire Roundup: FASB's Herz Joins Board at Morgan Stanley
This week in new hires, Robert Herz elected to the board at Morgan; Dune Thorne joins Brown Advisory; SEC gets new head of investment advisor examination program.