BDs Increasing Protection Against Cyber Breaches, Survey Finds
'Some firms have been the subject of benign incidents but haven’t realized it yet,' says Sutherland's Rubin.
New Hire Roundup: O’Connell Named Chief Risk Officer at Phoenix Cos.
Meanwhile, The Angel Capital Association elected Christopher Mirabile as chairman and Linda Lorraine Smith as vice chairwoman.
Munis Meet Milken as Hedge Funds Dictate Puerto Rico Terms
Puerto Rico is getting a thorough introduction to Michael Milken’s junk-bond world as it increasingly relies on some of the financial industry’s most aggressive players.
Familiar Face Returns to SEC as Two Commissioners Plan Exit
A familiar face with deep roots on Wall Street has returned to the Securities and Exchange Commission to help the agency draft its fiduciary rulemaking just as two agency commissioners are planning to exit.
EPA’s Fracking Study Bolsters Energy Industry, Undercuts Environmentalists
Industry groups said that the result vindicated what they have been arguing for years: drilling activity has risks, but fracking doesn’t deserve new federal oversight.
Heady Demand for U.S. Commercial Real Estate
Investor and lender confidence in the U.S. commercial real estate market is surging, according to the sixth annual Akerman U.S. Real Estate Industry Outlook Survey.
Mercatus’ Peirce Said to Be Leading Candidate for SEC Seat
Hester Peirce, a fellow at George Mason University’s Mercatus Center, is the leading candidate to replace Commissioner Daniel Gallagher, sources say.
Why It’s So Hard for Brokers to Act in Clients’ Best Interests
A study covered in "Freakonomics" confirms: There is more money to be made taking advantage of investors than there is acting in their best interest.
Deep-Pocket Investors Ready to Take the ‘Peer’ Out of Peer-to-Peer Lending
Direct-to-investor lending is about to be disrupted by institutional players, a new study predicts.
New Hire Roundup: NASAA Names Joseph Brady Executive Director
Meanwhile, TIAA-CREF announced that Derek Dorn has been named vice president of public policy and associate general counsel.