NARAB II Bill Would Help Retirees Keep Advisor When Moving Out of State
IRI says there is unprecedented support for the bill, which would establish an insurance licensing clearinghouse for financial professionals operating in multiple states.
House Committee OKs Smaller SEC Budget Raise Than Hoped For
SEC gets a raise from 2014, but $300 million less than Obama requested. The budget bill now advances to the House Appropriations Committee.
Fee Transparency: Why Advisors Should Tread Carefully
First, if SIFMA wants it, beware. Second, any regs will only focus on how much clients pay “advisors,” not what they’re paying for brokerage services.
Obama Pushes for Student Loan Bill With Tax on Wealthy
Senate will vote Wednesday on Sen. Elizabeth Warren’s student loan refinancing bill that will be paid for with tax on HNW individuals.
Andrew Ceresney, SEC’s Enforcer: The 2014 IA 25 Profile
Andrew Ceresney says keeping up with the increased complexity of wrongdoing is among the biggest challenges for the enforcement division at the SEC.
The IA 25 for 2014
This is our 12th annual IA 25 list, bringing together the most influential people in and around the advisor industry.
Risk Management for Homeowners Returning to the Coasts
If an affluent client wants to build a house in a flood zone, help them manage the risk before they build.
Jonathan Hoenig: Capitalist Pig, Ayn Rand Fan, Highly Successful Manager
The founder of Capitalistpig Hedge Fund says Social Security is immoral, advisors are too risk-averse and hedge funds are unfairly blamed.
Postponing the Inevitable: Changes for Flood Bill Despite Early Support
In a rare bipartisan move, the Biggert-Waters Flood Insurance Reform Act was passed in 2012, hailed as necessary to save the National Flood Insurance Program (NFIP).
White House Budget May Curb Social Security Maximization Strategies
President Obama’s proposed budget features a controversial measure that may curb the use of delayed collections, spousal piggybacking and other tactics to maximize benefits.