As Congress Keeps SEC Budget Flat, SRO Specter Still Lurks
By Melanie WaddellBefore breaking for recess, Congress passed early Saturday a continuing resolution that would nearly flat-line the SEC's budget, renewing worries that a House bill calling for an SRO for advisors will be revived next year.
September 20, 2012
SEC Enforcement Roundup: Hedge Fund Manager’s $37 Million Ponzi Scheme BustedOthers facing SEC charges include a former director in a compensation scheme that netted hundreds of thousands of dollars in undisclosed income.
September 19, 2012
John Bogle, Fahlund, Noonan Among Headliners at Retirement Income SymposiumStill as direct as ever at 83, Bogle sat down for an exclusive interview about his upcoming keynote at the fifth annual Retirement Income Symposium in Boston on Oct. 4 and 5.
September 18, 2012
Goldman’s Quants Court Advisors After Shutting Hedge FundGoldman Sachs Asset Management's quants are focused on providing clients with managed risk and a smoother ride to wealth accumulation, says GSAM's Gary Chropuvka.
September 17, 2012
Will Australian Financial Reforms Be a Template for the U.S.? Pt. 1Changes include a ban on investment commissions and fiduciary duty for those giving advice.
September 17, 2012
The Top Wealth Managers 2012 Profiles: No. 1—Treasury Partners/HighTowerAt No. 1 on the list of Top Wealth Managers: Treasury Partners/HighTower, an independent firm within a firm.
September 16, 2012
4 Keys to Successful Technology IntegrationIts gone from being a competitive advantage to a business necessity.
September 14, 2012
Lehman’s Lessons: News AnalysisThe natural human tendency is to think that markets are about money, but a look back at the bankruptcy of Lehman Brothers should serve as a reminder that markets are fundamentally about morality.