Rep. Waters Reintroduces SEC User Fees Bill
By Melanie WaddellRep. Maxine Waters, D-Calif., on Friday made another go at allowing the SEC to collect user fees to fund advisor exams.
April 17, 2013
Congress Must Fix Advisor Exams Now: SEC’s WalterThe switching of advisors from SEC to state oversight under the Dodd-Frank Act is not the final answer to ensuring advisors are adequately examined, SEC Commissioner Elisse Walter told state securities regulators.
April 17, 2013
Strategies for CFP Board to Improve Continuing Education CreditIt's no secret that the current state of CFP CE credit is a sorry affair. But the CFP Board, as the keeper of the CFP marks, wields a great deal of power to change the system for the better.
April 16, 2013
Advisors Cope With Boston Bombing’s AftermathIf ever there was a teachable moment on behavioral finance and emotional investing, Mondays horrific events at the Boston Marathon might have been it.
April 16, 2013
TD Ameritrade Profits Rise 5.1% as Client Revenue Offsets Fall in TradingTD Ameritrade reported a 5.1% rise in profits Tuesday as BlackRock and Goldman Sachs also reported positive earnings news.
April 15, 2013
SEC, DOL Must Collaborate on ‘Overlapping’ IRA Fiduciary Standards: Attorney MasonThe failure of the SEC and DOL to collaborate on their overlapping fiduciary rules on IRA advice will render the SECs current cost-benefit analysis worthless, says Kent Mason of Davis & Harman.
April 11, 2013
Pershing’s Dellarocca: Advisors Lack Time to Deal With Time ManagementAdvisors would like to fire an average of 13% of their clients, Pershing's Kim Dellarocca says. Maybe they should.
April 11, 2013
SEC Would Use Obama Budget Boost for Advisor ExamsThe agency would use the extra funds to hire 325 examiners250 of whom would be devoted solely to advisor exams.