Regulation

The elections mostly delivered the status quo, but raised a host of questions about how lawmakers will tackle the fiscal cliff, big bank breakups and housing finance reform.

“Last night’s speech showed that he knows that he needs the whole country engaged and to work with him,” BNY Mellon Investment Management CEO Curtis Arledge said of President Obama.

Advisors can calm clients who wanted a Romney victory.

In response to the damage and disruption inflicted by Hurricane Sandy, the Securities and Exchange Commission has confirmed that it will extend the deadline for regulatory filings for publicly traded companies, investment advisors and other regulated entities.

With four more years of the Obama administration, members of the financial advisory industry share their perspectives on what the win means for the industry and the clients they serve.

As the balance of power in Washington is upheld, advisors prepare for tax increases in 2013

The uncertainty has vanished with the re-election of Barack Obama as president. But the incumbent who won a second term last night still has a number of problems that he continues to face – from a sluggish economic recovery, a huge deficit, a stubbornly high unemployment rate and of course, the fiscal cliff.

Elizabeth Warren, the CFPB architect and frequent bank critic, was elected late Tuesday to the Senate, much to the dismay of the financial services industry.

President Barack Obama’s victory positions him to claim a mandate for pushing a proposal through Congress that would let tax cuts expire for top earners and avert $1.2 trillion in automatic spending reductions.

In response to the damage and disruption inflicted by Hurricane Sandy, the Securities and Exchange Commission will extend the deadline for regulatory filings for publicly traded companies, investment advisors and other regulated entities.