SEC, FINRA Enforcement: Franklin Resources, Chairman Sued for $150M Over Long-Ago Stock Bequest
In another action, FINRA expelled a firm for stock manipulation and barred its CEO, who looted the firm to pay for tattoos and pet care.
GOP Thwarts Rep. Waters’ Effort to Add User-Fees Bill to Dodd-Frank Package
GOP lawmakers blocked the user-fees bill aimed for the Dodd-Frank rollback package that passed the House on Wednesday.
Commodities Drop to 12-Year Low as Oil Slumps Amid Global Glut
Oil prices are tumbling, but there's even more to the commodity story.
Mariner Acquires RIA Vantage Investment Advisors
Mariner Wealth Advisors expands its Northeast presence with acquisition of Pennsylvania-based RIA firm Vantage Investment Advisors.
6 Top Tax Changes for 2015
These are the major changes to the Internal Revenue Code taking effect in 2015.
Congress’ Call for SEC to Shift Resources: Dangerous Gambit
The implication is that the SEC has got all its other areas of responsibility so well under control that it ought to cut back there to keep a better eye on those rascally RIAs.
Reverse Mortgages: Your Client’s Last Option, or Best Hope?
Reverse mortgages—they are the last thing that your clients would ever want, and they are the first thing they need as a last resort.
What Advisors Can Learn From Selling a House in 2015
So I’m selling the house I’ve lived in for the past 22 years, and the experience is much different this time around.
Republicans Get Tough With SEC Over User Fees
Industry trade groups remain steadfast in their bid to secure more backers of a bipartisan user-fees bill.
SEC Needs More Funding to ‘Solve’ Advisor Exam Deficiency
While there “may be ways” that the SEC can reallocate its existing resources to accommodate a higher advisor exam rate, the SEC “cannot solve this [exam deficiency] problem without additional resources from Congress."