A Hail Mary Play: Is There Reason to Hope on Schapiro and the Fiduciary Standard?
Two weeks ago, the U.S. Treasury Department followed up the Obama Administration's white paper on financial reregulation by submitting to Congress proposed fiduciary standard legislation....
Analysts: insurers may reject TARP funding
Analysts at Keefe, Bruyette & Woods told Reuters Friday that some U.S. life insurers with solid capital positions may not accept funds under the U.S....
The First 100 Days
The Obama administration's financial stimulus plan rated a thumbs-up last Tuesday from a panel assembled by Dow Jones Indexes/STOXX Ltd. to reflect on the first 100 days of the new regime.
New Rules for Money Market Funds
The Board of Governors of the Investment Company Institute endorsed March 17 recommendations from the Money Market Working Group to require new regulatory and oversight...
Treasury and IRS issue more flexibility for 529 plans
We're sure this is one of many revised regulations we will see this year as a direct result of the financial crisis. The IRS and...
Retirement's health care fail-safe
If you are not on the HSA bandwagon yet, you better hurry. Health Savings Accounts are hot. They aren't going to earn you the highest...
Raymond James Applies for Treasury Cash
Raymond James Financial said November 20 that it had applied to participate in the U.S. Treasury Department's Capital Purchase Program
Fund Firms Embrace Treasury Program
In a move to boost investor's confidence in money market mutual funds, major fund companies have met the U.S. Treasury's October 8 deadline by joining...
Kanjorski Calls for Federal Insurance Agency
Rep. Paul Kanjorski (D-Pennsylvania), chairman of the House Financial Services Committee's Capital Markets Subcommittee, said at a hearing on financial services reform April 16 that he plans to introduce legislation today that will create an interim federal oversight agency, the Office of Insurance Information, within the U.S. Treasury Department.
Some TIPS for Fighting Inflation
A novel approach from the fixed-income universe