Portfolio

If the Financial Stability Oversight Council was hoping for any kind of consensus on whether and how it should regulate asset management companies, the feedback it has received on its request for comment is likely disappointing.

Neuberger Berman, the employee-owned money manager that oversees $250 billion in client assets, named MetLife Chief Executive Officer Steven Kandarian to its board.

Andrew Bowden will return to the private sector after four years of working to streamline the SEC's advisor exam program.

The allegations, coming from two former clients of the recently dismissed advisor, demonstrate how a big producer could also become a big liability for firms, securities law experts say.

Fidelity's custody unit is backing a deal in which a Mariner Holdings unit will pay 35 basis points for referrals of mass affluent customers.

Conversations with several star execs from the financial advisory sphere reveal insights and action steps that could help other advisors.

Practitioners need to be aware of the tax-free IRA rollover rules that took effect on Jan. 1, 2015 to protect their clients from major tax problems and penalties.

IRS prosecutions spike in April, possibly as a not-so-gentle reminder during filing season that there can be a big price to pay for tax evasion and tax fraud.

The decrease in the number of cases reflects recent budget and staffing cuts, according to the IRS.

A ranking of the states with the most IRS audits and the most state audits, according to a new study.