SIFMA and Main Street Take Center Stage: Chet Helck's Legacy?
The Raymond James executive and SIFMA chairman's initiative on restoring investor trust couldn't be more important for Wall Street as well as investors.
5 Years On, Americans See Wall St. as ‘Foreign ... a Culture Apart’
A new study offers a complex picture of public opinion on the industry that neither fits conventional wisdom nor can fit on a bumper sticker.
SIFMA’s Ryan, Bentsen: Fiduciary, SRO Action on Horizon in 2012, but Not 12b-1
2012 will be the year of ‘finalizing’ Dodd-Frank implementation, adds SIFMA’s Ryan.
Why Schapiro’s ‘Business-Model Neutral’ Fiduciary Approach Shouldn’t Be News
Despite the ruckus over SEC Chairman Schapiro's comments on a 'business-model neutral' fiduciary standard, it shouldn't be a big deal if SEC rule-making remains true to Dodd-Frank and the plain meaning of its plain language.
Baird Grabs 7 FAs, $700M From Morgan Stanley, Other Firms
Baird said Wednesday that it had hired seven financial advisors with a total of about $717 million in assets under management from Morgan Stanley, Wells Fargo and two other firms.
SIFMA Recognizes Women’s Group at Baird, Other Firms
The industry group shares awards with Baird, BNP Paribas, Goldman Sachs, BofA, Citi, Deutsche Bank and Credit Suisse for diversity programs.
SEC's Schapiro: More Money Market Reforms Coming
The Securities and Exchange Commission plans to issue a proposed rule on money market funds 'in very short order,' said SEC Chairman Mary Schapiro on Monday, which would reduce the funds’ susceptibility to runs.
DOL to Repropose Fiduciary Rule
Bowing to pressure from members of Congress, industry groups, and the public, the Department of Labor’s EBSA said on Monday that it would repropose its controversial rule amending the definition of fiduciary under ERISA.
Top 4 Dodd-Frank Concerns as Law Enters Second Year
For advisors, four issues will take the spotlight as the Dodd-Frank reform bill enters its second year—fiduciary duty, an SRO for advisors, harmonization, and adequate funding for the SEC.
SIFMA Dodd-Frank Forum: Execs Surmise Outcome of Fiduciary Rule
July 21 not only marks the one-year anniversary of the passage of the Dodd-Frank Act, but it’s also the date when the SEC will turn its attention to creating a fiduciary duty rule for brokers.