Senate Passes TRIA; National Insurance Licensing Hub Closer to Reality
“One-stop insurance licensing across state lines will soon be a reality,” says IRI's Weatherford.
Oil’s Plunge Bad for Markets, Good for Economy: Expert
There's "bleeding" into equities, notes Quincy Krosby of Prudential Financial, but few job losses in the energy field.
SEC Enforcement Roundup: Twitter, Facebook Pre-IPO Fraud
SEC moves on a Ponzi-like social media IPO fraud case and multiple instances of alleged insider trading.
Congress’ Call for SEC to Shift Resources: Dangerous Gambit
The implication is that the SEC has got all its other areas of responsibility so well under control that it ought to cut back there to keep a better eye on those rascally RIAs.
Raymond James Adds 8 Advisors; Margaret Towle Joins Merrill
RJ adds advisors from largest credit union in Oregon, while Wells Fargo adds reps in Connecticut and Texas. Towle, formerly of HighTower, joins Merrill.
Republicans Get Tough With SEC Over User Fees
Industry trade groups remain steadfast in their bid to secure more backers of a bipartisan user-fees bill.
Gridlock Likely in New Congress as Fiduciary Regs Hang in Balance
The list of regulations and legislation that the advisory industry will be watching — and lobbying to influence — in the new year is long.
SEC Chief White Pushes Back on Advisor Audits
White tells Financial Services Committee that a reallocation of resources from BD coverage to advisors would ‘not be advisable.’
30 Best Big 401(k) Plans: BrightScope
These $1 billion-plus 401(k) plans saw higher participation, deferral rates and average balances in 2014.
How America Is Kicking Its Oil Habit
The U.S. is producing the most oil in 31 years, growth is accelerating and crude prices are plunging. So why is Americans’ petroleum use waning?