GOP Blocks SEC User Fees From Spending Bill
House Republicans rejected Rep. Maxine Waters’ attempt to amend an appropriations bill by adding her user-fees legislation to help boost advisor exams.
SEC Reveals Its 2014 Exam and Enforcement Priorities
Officials at the Securities and Exchange Commission have ushered in an era of more transparency, parting the curtain for advisory firms on what they’ll be scrutinizing as well as which rulemakings are priorities this year.
TD Ameritrade Posts 30% Increase in Q1 Earnings on Record Revenue
Company records $14.5 billion in net new client assets for first quarter of FY 2014; EPS up 30% year over year.
Bernie Clark Warns: Next Gen Is Now This Gen. Better Keep Up
Head of Schwab Advisor Services also rails against harmonization of RIA and BD regs.
Firms’ Tech Education Must Go Beyond Social Media: Corporate Insight
In its most recent Mutual Fund Monitor report, released in September, Corporate Insight highlighted trends in how mutual fund advisors use social media.
Obama’s 2013 Budget Raises Taxes on Top Earners, Bolsters SEC Budget
President Barack Obama on Monday released his 2013 budget to Congress, which includes boosting taxes for higher income earners as well as allocating more funds to the SEC.
New Hire Roundup: Nash Moves Up at Fiserv; Sanctuary to Support Gordian
This week in new hires, Cheryl Nash was named president of Fiserv’s investment services division; Gordian Wealth Advisors hired Sanctuary Wealth Services to support its business; and Tom Ridge became a member of the board at FSIC.