More Advisor Exams? Not Under This SEC Budget, Advocates Say
CFP Board, CFA and others say the SEC's pledge to examine more advisors will be tough to fulfill with only a $29 million increase.
IRS Scandals Fueled by Lack of Funds, Taxpayer Advocate Says
In her annual report to Congress, Nina Olson calls for a taxpayer bill of rights that she says might have prevented the political targeting scandal.
New Hire Roundup: Altegris Names Jack Rivkin CIO
Meanwhile, Convergent welcomed Richard Wells and the Senate Finance Committee approved three nominees for federal positions.
The State of Fiduciary After 1,640 Days: Time for a Reset?
Fiduciaries need to apply our risk analysis skills to what could be the most important regulatory action in decades: the SEC's fiduciary rulemaking.
House Passes Bill to Exempt Private Equity Fund Advisors From Registration
President Obama has threatened to veto it, and there is no companion bill in the Senate.
Obama Threatens to Veto Bill Exempting Private Equity Advisors From Registration
H.R. 1105 is a step backward from the Dodd-Frank progress made to date, the administration says.
Plan to Limit Charitable Tax Deduction Would Cut Gifts by $9.4B: AEI
American Enterprise Institute study warns top 1% would lose incentive to give.
Bob Rodriguez Grades Obama, Calls Government ‘Chaos’ Top Threat
First Pacific CEO Robert Rodriguez talked with ThinkAdvisor about the debt debacle, Janet Yellen and the uselessness of regulation.
GOP Senators Optimistic After Obama Meeting on Debt Ceiling
“I’m glad we had the discussion,” said Sen. Kelly Ayotte, R-N.H. “Now we have to put the words into action and get this resolved.”
Obama Refuses to Negotiate ‘Under the Threat of Economic Catastrophe’
Some independent analysts say that the real debt limit deadline is Nov. 1, when the Treasury is scheduled to make nearly $60 billion in payments.