Practice

The Securities and Exchange Commission just released its full summer agenda and according to SEC Chairman Christopher Cox, the commission’s only firm plans are that it will be extremely busy in the coming months.

Instead of reporting to Ayer, Mass., federal prison on Monday to serve a 20-year term for defrauding $450 million from investors in the failed Bayou hedge fund, Samuel Israel III has either committed suicide or left clues to make authorities believe he has.

NEW YORK – Timothy Geithner, president and CEO of the Federal Reserve Bank of New York, called for substantial reforms to the structure of the regulatory system of the U.S.

Big changes are brewing in the 403(b) world. For the first time in 40 years, the Internal Revenue Service is mandating new requirements that aim to make the plans more like 401(k)s.

Mutual fund and other financial services firms are making it easier for their investment advisers to address a broader array of clients' trust needs, ranging from estate planning to philanthropic giving.

The Securities and Exchange Commission doesn’t think there is a need for hedge funds to include certain derivatives when calculating how they report ownership stakes in companies, according to a June 4 letter.

Wachovia Corp. says its retail retirement group is drawing assets by having advisers work face to face with customers at every income level to create a retirement plan.

Millionaires became slightly more optimistic about the future of the U.S. economy in May, according to Spectrem's Millionaire Investor Index.

JPMorgan Chase & Co. has a pair of initiatives designed to strengthen its position in the asset management market.

Walter Ricciardi, the Security and Exchange Commission’s deputy director of the Division of Enforcement, announced he will retire this month to join the law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP as a partner.