Compliance

The ICI has a new director of Financial Services Policy.

Regulatory efforts to change Community Reinvestment Act rules — unveiled three years after nationwide public hearings on the subject — are far too timid, according to consumer groups.

Changes in ERISA rules could make life more difficult for advisors to promote 401(k) plans to employers.

Our legal expert discusses when settling an arbitration case saves time and money.

Wealth management executives call for more accountability and a new approach to client relationships.

Advisors are urged to weigh in as a pair of rulemaking proceedings move forward this summer.

Royal Bank of Canada was ordered to pay more than $800,000 to a U.S. couple over their losses on investments including Lehman Brothers Holdings Inc. preferred stock.

Investment Company Institute chief public communications officer Mike McNamee is speaking out in anticipation of the Securities and Exchange Commission hearing on money market fund reform.

Your clients need you. They really need you! A new report released by FINRA’s Investor Education Foundation shows why, and perhaps casts light on why financial planning has been ranked as one of the best careers.

The U.S. crackdown on Liberty Reserve is stoking fears that the government may effectively cut off digital currencies like Bitcoin as banks sever ties with businesses in this growing field.

This was one initial public offering that Nasdaq executives sure didn’t “like”.

The threat of cyberattack is an increasingly hot topic in Washington, but political interest alone appears unlikely to provide enough momentum to get cybersecurity legislation supported by banks passed this year.

Chalk this one up to bad PR.

When I was growing up, the U.S. was launching the Great Society, which sought to summon the resources of government to wipe out poverty.

Aberdeen Asset Management last week wrapped up its acquisition of Artio Global Investors, a U.S. publicly-listed asset manager, effective May 21.

Chalk this one up to bad PR.

Through these documents, sent out by public companies in advance of annual meetings, shareholders learn issues on the agenda, voting procedures, backgrounds of individuals nominated for the board of directors and juicy details on executive compensation.

Kara M. Stein and Michael S. Piwowar, both senior U.S. Senate aides, were nominated by President Obama to join the SEC.

A House subcommittee Thursday looked at draft bills that would slow down the progress that the SEC is making toward implementation of a new, uniform fiduciary standard for broker-dealers and investment advisors.

Bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis.