-
Although Sheila Bair and the ABA have often been at loggerheads over regulatory reform, the distance between them was never more apparent than during her last address to the group.
March 17 -
Two top Obama administration officials said Tuesday that the government-sponsored enterprises would not be exempted from a pending proposal to help standardize mortgages sold into the secondary market.
March 16 - Money Management Executive
The Financial Industry Regulatory Authority has fined Dallas-based financial services company Southwest Securities Inc. $500,000 for soliciting violations related to its municipal securities business.
March 14 -
House Ways and Means Committee Democrats introduced a bill on Thursday that would reinstate Build America Bonds, the higher small-issuer limit for bank-qualified bonds, and six other bond, tax credit and loan guarantee programs.
March 11 -
Empowering the SEC to adequately monitor markets would help restore some faith in the U.S. capital markets, according to the industry group.
March 10 - Money Management Executive
The MICG Investment Management of Newport News, Va., and barred its chief executive and majority owner, Jeffrey A. Martinovich, from the securities industry.The move, signaled in February and announced Thursday, follows what the independent regulator of brokers said was misuse of a hedge fund, for personal enrichment of Martinovich and general enrichment of the company.
March 10 -
The Financial Industry Regulatory Authority expelled MICG Investment Management of Newport News, Va., and barred its chief executive and majority owner, Jeffrey A. Martinovich, from the securities industry.
March 9 - Money Management Executive
About nine months after it floated the idea, the Financial Industry Regulatory Authority has just asked the Securities and Exchange Commission to approve a rule change to establish a new registration category and qualification exam for certain operations personnel to be called operations professionals.
March 9 -
The Financial Industry Regulatory Authority has not found any major abuses from its targeted examinations of broker-dealers that were either placement agents or worked with such agents to obtain business from municipalities and public pension funds, market sources said Tuesday.
March 9 -
While the financial services community waits for some movement from the SEC on new rules and policies governing advisors, the Labor Department has taken it upon itself to get the ball rolling in the name of better protecting investors and pensioners.
March 8
