New Hire Roundup: Westport Resources Promotes DeLaura
This week in new hires, Westport Resources promoted Christopher DeLaura and added Ashley Schexnaildre, and Susan Axelrod was promoted and Jonathan Sokobin was added by FINRA.
SIFMA CEO Tim Ryan Leaves for JPMorgan
Tim Ryan, SIFMA president and CEO, resigned Tuesday after being named global head of regulatory policy and strategy at JPMorgan Chase.
How the Election Will Shape Regulatory Policies for Advisors
The president appoints the people who will make the most important decisions on regulatory policy that affect your profession. First up on our list of potential changes: Treasury.
New Hire Roundup: TD Ameritrade Institutional Adds Dario
Also this week in new hires, Joseph Nader joined Wescott Financial Advisory Group; Will Proctor went to a new spot at Neuberger Berman; and more.
New York on Solid Ground to Sanction Standard Chartered, Experts Say
Experts in the U.S. and abroad say that the bank's internal e-mails give the New York regulator a basis for its unilateral action.
N.Y. Action on Standard Chartered Surprised Other Regulators
Not only was Standard Chartered apparently blindsided by the move, so were federal regulators; negotiations had been ongoing for some time for what the bank hoped would be a quiet settlement.
Plaze to Leave SEC as Cross Joins Agency
The SEC announced Thursday that Robert Plaze, deputy director of the Division of Investment Management, is retiring from public service at the end of August while the SEC has named John J. Cross III the director of the agency’s new Office of Municipal Securities.
AIG Adds $1.5B to Government Payback
AIG’s remaining debt to the U.S. government is about $45 billion after paying an additional $1.5 billion to the U.S. Treasury Department, the company says.
People's Bank of China May Skip Weekly 3-Month Bill Sale
Word came Wednesday that the People’s Bank of China may cancel a scheduled weekly Thursday sale of three-month bills.
Advisors Set to Capitalize on 403(b) Market's Growth, Cerulli Says
New regulations that are shifting the 403(b) market present new opportunities for advisors, TPAs, and investment only asset managers, according to new research by Cerulli Associates.