SEC’s Former IM Director Returns to Help Craft Fiduciary Rule
Andrew "Buddy" Donohue's "deep knowledge of asset management will be especially useful" as the SEC considers a uniform fiduciary standard, said Chairwoman Mary Jo White.
6 Big Insights From Ultra-Wealthy Investors: Tiger 21 Conference
Paul McCulley, Goldman's Jeffrey Currie and more presented to investors at Tiger 21's exclusive annual gathering.
New Hire Roundup: SIFMA Elects New Board Officers
Meanwhile, global law firm Ropes & Gray announced that Debra Lussier has been promoted to a partner in the firm’s private investment funds practice
Ex-LPL Broker to Pay $1.9M in Fraud Case
At least seven Georgia investors were affected by Blake Richards' schemes, the SEC says.
FINRA Fines Barclays, Merrill, Goldman Over Inaccurate ‘Blue Sheet’ Data
FINRA fined the banks $1 million each for failing to provide complete and accurate information about trades performed by the firms and their customers.
Firms Agree to Stop Early Access to Analyst Opinions
Merrill Lynch, Goldman Sachs and 16 other financial firms move to end "Insider Trading 2.0," says New York Attorney General.
Top Portfolio Products: Putnam Rolls Out DC Website
Underwriters exercise option in WisdomTree secondary offering.
Treasury Sells Remaining AIG Shares, Profiting From Bailout
The Treasury Department on Tuesday sold its remaining 16% of AIG common shares for $7.6 billion, putting an end to the government’s 50-month shotgun financial tryst with the global insurer.
Goldman Sachs Agrees to Pay $12 Million for Pay-to-Play Violations
SEC says Goldman fine is the biggest it has levied for MSRB pay-to-play violations, this one involving undisclosed contributions to a political candidate a Goldman banker was soliciting for business.
AIG Stock Sale Could Trigger Federal Regulation
American International Group is on the verge of becoming the first insurance holding company ever regulated by the federal government.