Military Retirement Overhaul Calls for DC, DB Blend
Lawmakers are debating major reforms to the military retirement system, proposing a new system that combines the current defined benefit plan with elements of a 401(k).
SEC: House Insider Probe Involves Dozens of Funds, Firms
The SEC investigation of the House Ways and Means Committee involves some of the biggest advisors and hedge fund firms in the U.S.
Mixed Signals Give Gold Investors Whiplash
What is going on with gold? Sharply contrasting trends seem to be giving investors whiplash.
House Subcommittee Set to Release MF Global Collapse Report
“Our investigation is essentially an autopsy of how MF Global came to its ultimate demise and what policy changes need to be made to prevent similar customer losses in the future,” said the subcommittee’s chairman, Randy Neugebauer, R-Texas.
The Next Congress
This year’s congressional elections hold considerable potential to reshuffle power on Capitol Hill.
Fierce Opposition to Labor Department’s Fiduciary Proposal
As comments from the House committee hearing over the redefinition make clear, opposition to the DOL’s redefinition of ‘fiduciary’ is bipartisan and fierce.
Bachus’ SRO Bill: An Opening to Keep Independent Advice Alive?
Fi360’s Kristina Fausti delivers the good news-bad news message on Spencer Bachus’ draft SRO bill. Will Republicans protect small businesses, like advisory firms?