Compliance

Kevin Keller, the CEO of the CFP Board, expain how enforcement has changed since he took the helm at the company and he looks ahead at the future of the group.

Kevin Keller, the CEO of the CFP Board, discusses what it will take to attract advisors to become CFPs and dispels some of the biggest myths and misconceptions about the credentials.

Most believe without action to address tax cuts and spending cuts that are set to roll out at the end of the year, economic conditions will worsen.

Kevin Keller, the CEO of the CFP Board of Standards, says that the fiduciary standard will remain a hot button issue in 2013. In the second part of a four-part interview, he also discusses dealing with criticism after the organization raised fees last year.

When Kevin Keller took helm of the CFP Board in 2007, the organization was facing a crisis of confidence among many planners throughout the industry. Five years later, he's led a resurgence. In a one-on-one interview, he discusses how far the organization has come, where it's going, and how it plans to further the professional stature of the financial-planning industry.

Nearly five years after relocating to Washington, the CFP Board has increased staff and certificants as the organization has actively engaged in the policy debates that will shape the regulatory landscape that impacts the regulatory industry. Check out a photo essay that looks under the hood of this vibrant organization.

'Tis the season when the leaves change, the National Football League is kicking its season into second gear, the Yankees are once again chasing another championship, and...yes, there's another mutual fund conference to attend.

Market participants should be wary of threats to tax-exempt bonds, but the politically-charged atmosphere in Washington, D.C. raises doubts about the ability of Congress to pass comprehensive tax reform legislation, lobbyists and others said Friday.

Since the onset of the financial crisis in 2007, the convergence between traditional and alternative products has been widely discussed, with ramifications expected to affect the industry in a significant fashion.

NEWS SCAN

'Tis the season when the leaves change, the National Football League is kicking its season into second gear, the Yankees are once again chasing another championship, and...yes, there's another mutual fund conference to attend.

Bruce Bent Sr. took the stand Thursday afternoon in a New York City courtroom, defending his actions during the 2008 financial crisis as his $62 billion Reserve Primary Fund—the world’s first money market mutual fund—imploded after making an unfortunate bet on the debt of Lehman Brothers Holdings, the Wall Street Journal reports.

Republican presidential nominee Mitt Romney was wrong to say Dodd-Frank offers the "biggest kiss" to large banks, according to Sheila Bair.

ICI president and CEO Paul Schott Stevens and ICI Global Managing Director Dan Waters today fired back at IOSCO’s report on money market funds that includes a number of regulatory recommendations.

Goldman Sachs Asset Management (GSAM) hired Andrew “Buddy” Donohue, the former head of the U.S. Security and Exchange Commission's Division of Investment Management as its deputy general counsel.

Well, that didn't take long.

"To float or not to float? That is the question."

Securities and Exchange Commission member Daniel Gallagher said Thursday the stable net asset value of shares in money funds is again under review.

Sure, it slows down decisions. Sure, it's difficult to do.

An agreement reached in the Lehman Brothers liquidation proceedings could pave the way for customers of the failed brokerage to see 100% recovery without using any fund advances from the U.S. Securities Investor Protection Corp.