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BOSTON -- The Securities and Exchange Commission is about to get a lot bigger and tougher, once Congress approves significant funding increases in its financial reform legislation. The soon-to-be-bulked-up agency is also planning to restructure its resources to place heavy emphasis on inspections, examinations and prosecuting high-profile cases.

ICI: Senate Bill Still Needs Work

With this next round of volatility will undoubtedly come the fear and panic that your clients have become all too familiar with over the past few years. Clients who feel that their advisor isn’t communicating with them will find another who will. The time to be proactive is now. Here’s how.

The Lansing, Mich., based company said the office in the Nashville suburb would employ 400 people.

Kehrer-LIMRA’s latest annuity forum finds bankers are optimistic about indexed annuities, too.

The uncertainty and confusion around the fiduciary standard has jolted the financial services industry leading hundreds to pack the rooms at FINRA’s annual conference in Baltimore.

The Securities and Exchange Commission has appointed Brian T. Croteau as its deputy chief accountant for the Professional Practice Group in the SEC’s Office of the Chief Accountant.

The Internal Revenue Service plans to ask issuers of negotiated Build America Bond transactions, in a revised “compliance-check questionnaire,” if any investors who bought their bonds in the primary market paid more than the price the bonds were initially offered at.

New Jersey Gov. Chris Christie earlier this week remarked that if the state didn’t clean up its act it could become the next Greece.

Nomura Securities International Inc. said on Thursday it hired two senior professionals from the Royal Bank of Scotland for its rates business. Steve Ashley will be global head of rates and Chris Fleming joins as global head of rates sales.

The Obama administration continued to push its priorities Thursday on what provisions should be included in the final regulatory reform bill.

First Republic Bank is hiring in a bid to expand its wealth management operation.

From May 11 to May 14, advisors affiliated with SagePoint Financial gathered for the 2010 National Education Conference in Orlando, FL. During the conference, advisors heard the latest news from SagePoint executives and listened to industry experts share their views on topics from Social Security to real estate during the many educational sessions offered. The conference also provided an excellent opportunity to learn from, and network with, other advisors.Below are photo highlights from the event.

WASHINGTON — The Securities and Exchange Commission Wednesday unanimously approved amendments to its Rule 15c2-12 on disclosure that, like the ones proposed in July, will increase the quantity and timeliness of municipal issuers’ continuing disclosures.

Accounting standard-setters issued new rules Wednesday that could have profound effects, not just on how assets and liabilities get valued but on how banks do business.

BB&T Corp.'s mutual fund family has had a dramatic gain in assets over the past year, and the bank's asset management arm is laying the groundwork for more expansion.

An interview with the new NAPFA chair, executive changes at Bessemer Trust, a new head of Raymond James' women advisors group and more.

Sales turned positive after their worst year in decades, according to LIMRA.

Adam Horowitz, credited with building Merrill’s equity franchise in South Africa, returns to the company as head of its Europe, Middle East, Africa global client coverage.

Total exchange-traded fund assets continue to surge as popularity grows.