Lining Washington's Pockets to the Tune of $1.4 Billion
Wall Street banks and other financial services groups poured large sums of money into Washington during the 2013–2014 campaign cycle, spending more than $1.4 billion to influence decision making in the nation's capital.
Obama Endorses DOL Fiduciary Redraft, Girds for Fight
“If you want to give financial advice, you have to put your clients’ interest first,” Obama said Monday, blasting “backdoor payments” and high fees.
House Passes Bill to Make Some Small-Biz Tax Breaks Permanent
Legislation would allow small businesses to deduct up to $500,000 in office equipment.
Watchdog Slams Sen. Johnson for DOL Fiduciary Comments
Committee for the Fiduciary Standard says senator’s charge that a DOL rule requiring fiduciary advice on retirement would hurt ordinary Americans is “just not true.”
FSI Boosts Lobbying on Federal, State Levels
With 10 staffers working the federal and state beats—and three more to be hired this year—the FSI is flexing its advocacy muscles.
Bills on 529 Plans, Small Biz Taxes Head for House Vote
FSI supports the two bills: one to loosen some rules on 529 plans and another to allow small businesses to deduct office equipment.
To Succeed in the (Near) Future, BDs Must Avoid the Winner's Curse
Pershing has been delivering slices over the past year of its Broker-Dealer of the Future II research, which focused on six big transformations that independent BDs must embrace if they wish to succeed in the future.
‘RIA-ization’ Transforming Advisor Industry
Advisors have lots to consider when using a corporate RIA or starting their own, says a panel at FSI OneVoice 2015.
Cetera, LPL, Ladenburg Losing Appetite for M&A, Their Execs Say
After long acquisition sprees in recent years, execs from Ladenburg, LPL and Cetera express little interest in more BD deals at FSI OneVoice.
FSI Chair Blasts White House Fiduciary Memo as ‘Offensive’
FSI Chairman and Cetera President Antoniades says the memo's "ignorance" is "frankly offensive"; FSI also says it’s fighting FINRA's CARDS plan.