Why Isn’t the SEC Doing Its Real Job?
By Bob ClarkTwo readers identify the real problem with the SEC: it focuses on compliance with the letter of the law, rather than trying to catch the bad guys.
July 31, 2012
4 Misconceptions About Financial Advice From a Veteran AdvisorPaula Hogan has read the theoretical literature, and shes contributed to it. She has also compared these theories to life in the advisor trenches and has some advice for her advisor peers.
July 27, 2012
SEC, FINRA Enforcement Roundup: $268M Insider Trading Scheme BustedCharges of insider trading in a secondary stock offering, accounting violations and efforts by a phony company president to push a fake penny-stock investment were among enforcement actions taken by the SEC.
July 26, 2012
Schwab Reports Fewer, but Bigger, Advisor M&A Deals in 2012Schwab Advisor Services quarterly report shows rollup firms account for a larger number of done deals in 2012.
July 26, 2012
12 Worst Financial Advisors in America: 2012AdvisorOne found BrokerCop.coms list and ranked each Advisor Horribilis from the past year in reverse order of horribleness, balancing amount of money stolen with amount of ick factor involved.
July 25, 2012
To Thwart SRO, Rep. Waters Introduces User Fee BillMaxine Waters, D-Calif., introduced on Wednesday a bill that would allow the SEC to collect user fees from advisors to fund their exams in lieu of an SRO.
July 24, 2012
Brokers Manage Products; Investment Advisors Manage ProcessThe absurdity of suggesting that investment advisors and broker-dealers often provide indistinguishable services demonstrates a stunning depth of misunderstanding regarding the two industries.
July 20, 2012
Genworth Wealth Adds 4 Strategists, 8 StrategiesI call it the happy meal, says Genworth Wealth Management President and CEO Gurinder Ahluwalia of the firm's simplified menu of portfolio strategies for indie advisors.