Practice

Commentary: The U.K. is debating putting a 0.75 percent cap on total fees, including an outright ban on any plans that charge more than that.

Detroit’s offer to replace a $3.5 billion unfunded pension liability with a $2 billion note “was not a serious proposal,” according to a Greenhill & Co. adviser hired by a city employee retirement fund.

A former JPMorgan Chase banker who managed Bernard Madoff’s account said the con man was on track to receive a $200 million loan less than a month before his arrest if the request hadn’t been dropped.

Janet Yellen, vice chair of the Federal Reserve Board and President Obama's pick to run the central bank, will appear before the Senate Banking Committee on Nov. 14.

State securities regulators have been ramping up examinations of investment advisors in the aftermath of the Dodd-Frank Act, which required more than 2,000 midsized advisors who had been overseen by the feds to register with state authorities.

Our IRA expert answers questions on recharacterizations, the withdrawal penalty and the 5-year rule.

What are the unique questions your target market should be asking themselves? Because of almost universal access to information, if the clients fully understood their problem or their questions they would have little need for an advisor.

Currencies and commodities were added to a list of financial products and related activities that are subject to investigation, according to a regulatory filing published by the New York-based company today.

In addition to an advisor shortage, bank programs will contend with the challenge of keeping up with technology and client expectations regarding communication practices.

The firm settled legal disputes with federal regulators tied to mortgage-backed securities for about $335 million.