New Hire Roundup: PIMCO Names Fels Managing Director, Adds CIO
Meanwhile, New York Life says it will hire 3,600 reps this year.
Rep. McHenry Hopes to Restart Crowdfunding With New Bill
Proposed legislation is designed to increase amounts to be raised by crowdfunding and cut red tape while retaining investor protections.
SEC Pressured by Pols in IRS-Like Controversy: WSJ
The paper claims in an editorial that the agency under Mary Schapiro targeted firms for their political support.
Lawmakers Challenge Hedge Fund Ad Rules
Two representatives warn the SEC that the rule, requiring funds to file "wildly expanded" paperwork 15 days before advertising starts, runs afoul of the JOBS Act's intent and would "delay free speech."
Crowdfunding Bill Paves Way for Fraud: NASAA
A bill that would allow crowdfunding for businesses has regulators worried that investors would be left unprotected.