Enforcement: Nationwide to Pay $140M in 13-Year ERISA Settlement
In another action, the SEC charged the owner of a home restoration business with securities fraud for selling unsecured notes to investors.
Senate Passes Tax Extenders Bill
Tax extender package applies only to 2014 and will last two more weeks.
CFP Board Calls First Computer-Based Exams a ‘Success’
CFP Board CEO Kevin Keller congratulates those who passed what he called a “very rigorous exam.”
FINRA Penalizes Merrill $2.4M Over Pricing of GM Notes
The fine and restitution are tied to markdowns of more than 10% paid to several hundred clients over two years.
Owners, Ya Gotta’ Learn to Share
To get the most out of junior partners and ensure a successful succession plan, owner-advisors need to share ownership.
NASAA Launches Online System for Reg D Filings
Electronic Filing Depository creates an 'efficient, streamlined system for state Form D filing requirements,' says NASAA's Beatty.
Sen. Hatch’s 2015 Priority: Torpedo DOL Fiduciary Efforts
Sen. Orrin Hatch, who will take over as Finance Committee chairman, says he plans to reintroduce his SAFE Act, which halts DOL movement on fiduciary overhaul.
SEC's White Vows to Get Tougher on Mutual Funds
"Liquidity management and the use of derivatives in mutual funds and ETFs are two key areas of focus" for SEC staff, Chairwoman White says.
Sterne Agee Takes Ex-CEO to Court Over Luxury Spending
The lawsuit comes after the wealth-management firm was told James Holbrook faced federal investigations.
Coburn Calls for ‘Fairer, Flatter’ Tax Code
Best solution would be to throw it out and start again, but in the meantime, he calls for end to preferences on municipal bonds, carried interest, cash-value life insurance and credit unions.