Practice

The Securities and Exchange Commission Thursday announced that it has adopted a temporary rule requiring municipal advisers to register with it by Oct. 1 in order to comply with the recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act.

Fixed annuities, which experienced a sales boom last year in banks, stem the bleeding, while variable annuities finally start trending upward, Kehrer-Limra says.

An 11.4% decline in the S&P 500 Index fails to deter group plan participants’ long-term plans.

SEC reprieve for money funds that would require them to approve of the credit rating agencies they must use to determine whether a security is eligible for investment.

Roughly two years after its near collapse, critical questions about the fall of Wachovia remain unanswered

The Securities and Exchange Commission has given money market funds a reprieve from following an amendment to money market fund regulations requiring them to approve of the credit rating agencies they must use to determine whether a security is eligible for investment.

Two advisor trade groups - the Securities Industry and Financial Markets Association and Financial Planning Coalition, which consists of the Certified Planner Board of Standards, the Financial Planning Association and the National Association of Personal Financial Advisors - finally sent in their comment letters to the Securities and Exchange Commission regarding Section 913 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, or what the Commission should do about enforcing a blanket fiduciary standard for all financial advisers.

Members of the Financial Crisis Inquiry Commission sought to overturn the conventional wisdom that Wells Fargo's purchase of Wachovia was done without government assistance.

Schwab survey finds that the majority of boomers aren’t planning to delay retirement.

The Securities and Exchange Commission has charged two former senior accounting professionals at headphone maker Koss Corp. with accounting fraud, books-and-records violations, and related misconduct arising from the embezzlement of more than $30 million from the company.