Practice

The Republicans rule the House now and all signs show that they can’t wait to make their mark on financial regulatory reform—if they can.

It sounds like the name of an honored Transatlantic ship, but this time the QE2 stands for the Federal Reserve Board’s second attempt at an economic stimulus with the name Quantitative Easing. Will this new round help keep the economy afloat and chugging toward an expansion?

According to BlackRock, if broker-dealers end up losing money on those fees, they will eventually compensate by serving clients on advisory programs called wrap accounts.

The Securities and Exchange Commission is seeking public comment on its proposed "whistleblower'' program, which is to provide financial reward to individuals who provide tips that lead to successful enforcement actions.

SPARK says 25 basis point cap on the fees is not high enough.

The SPARK Institute has sent a comment letter to the Securities and Exchange Commission asking it to modify its proposed 12b-1 fee rule.

The unit of U.K.-based Barclays plc, opened a national U.S. trust company, Barclays Wealth Trustees (U.S.), NA., based in Delaware.

Negative sentiment weighs down healthy savings rates in the third quarter, trend firm First Command finds.

While many advisors are on a behavioral finance kick right now, they don’t necessarily practice the emotion-free rationality they preach to clients.

Americans are underutilizing their 401(k)s, according to a survey of 1,000 participants by the ING Retirement Research Institute. Eighty-seven percent admit they could save an additional 1% of their annual salary, 59% said they could increase it by 3%, and 53% could bump it up by 5%. And for 64%, their 401(k) or other employer-sponsored retirement plan accounts for all, if not the majority, of their retirement savings.