At ASPPA, TD Ameritrade Shows Focus on Retirement Space
By John SullivanAt ASPPA 401(k) Summit, TDAI looks to partner with advisors entering qualified plan business: The 'right place, right time' for advisors to get into the business.
March 15, 2012
Goldman Sachs Ripped by Critics for History of Putting Profits Over ClientsGreg Smiths very public resignation from Goldman Sachs has sparked heated discussion in the financial services industry, not only on the propriety of Smiths New York Times op-ed but on the substance of the former Goldman executives accusations against the firm.
March 15, 2012
SEC Adds 130 Examiners for ‘Priority’ Areas: Exam Chief di FlorioCarlo di Florio, director of OCIE, told CCOs that the SEC has hired 130 new examiners over the last 18 months and that the agency is focusing on three 'priority' areas when it comes to advisory firms.
March 15, 2012
What’s Behind Congressional Freeze on SEC Funding?In part one of a two-part series on the Bizarro World inside the beltway, a skeptical observer suggests theres a method to the madness of starving the SEC of what it needs to do its job.
March 13, 2012
Likely on Its Way: Greater Compliance Burden for AdvisorsA little historical perspective on investment advisor registration: past is prologue.
March 12, 2012
Morgan Stanley Team Goes Hybrid via LPLThe group, one of the largest teams in San Diego, left Morgan Stanley Smith Barney recently to set up an independent wealth-management firm, Ibis Capital. The firm plans to retain about 80 client relationships.
March 09, 2012
Bachus SRO Redraft Likely This Year: IAA’s Neil SimonTop lobbyist for Investment Adviser Association said Rep. Spencer Bachus will release this year revised legislation calling for a self-regulatory organization for advisors, though action may wait until new Congress in 2013.
March 08, 2012
SEC, Industry Experts Issue Stern Warnings to CCOsChief compliance officers received a number of stern warnings on Thursday during the Investment Adviser Associations annual compliance conference just outside Washington.