Practice management

The Senate approved legislation on Thursday that would provide $12 billion in tax breaks to small businesses, along with a $30 billion lending fund.

Tapping Elizabeth Warren as a top administration official charged with setting up the new consumer protection bureau will help her avoid a tough confirmation battle, but may offer as many risks as rewards.

While fiduciary rules, 12-b-1 changes and new ADV reporting requirements are on everyone’s radars, most advisors aren’t doing much to prepare.

At a Senate Banking Committee hearing, supporters of the plan argued that covered bonds are an untapped channel that could supply additional liquidity to the sluggish mortgage markets.

The lack of appointments to key jobs created by Dodd-Frank makes you wonder what the administration is thinking, and more specifically how much power Geithner is amassing.

Industry participants say brokers have made a lot of progress toward meeting new cost-basis reporting requirements from the Internal Revenue Service, which take effect in January 2011.

Almost three-quarters of voters are worried their savings won’t last retirement.

While the investment industry may be in two minds about how the SEC should proceed, investors are in no doubt that advisors should act in their best interest.

U.K. firm is looking to increase U.S. presence, but it’s still not aiming for sheer size.

Senate Democrats largely supported the idea of appointing Elizabeth Warren as the temporary head of the Consumer Financial Protection Bureau, with one key exception — Banking Committee Chairman Chris Dodd — who joined Republicans in arguing such a move would be a "mistake."

UBS Wealth Management Americas continued on a hiring spree, adding million-dollar producers in New York and Houston.

Morgan Stanley announced Monday it has named Paul Price head of the firm’s investment management international sales.

The White House is considering appointing Elizabeth Warren as interim head of the Consumer Financial Protection Bureau, bypassing a likely Senate confirmation battle.

After analyzing 13 planning tools, Boston-based Aite names the three best products.

Todd Locicero was named office manager of UBS Wealth Management Americas' Los Angeles Private Wealth Management office.

FINRA has censured and fined the New York-based brokerage firm $1 million for using an illicit high frequency trading strategy and related supervisory failures.

Though the creation of a consumer protection bureau got much of the attention, the Dodd-Frank Act also created an Office of Financial Research with an ambitious mandate.

The Financial Industry Regulatory Authority wants broker-dealers to be a lot more specific on the reasons for dismissing an employee in their reports to the regulator.

Douglas Lee Campbell, a former senior vice president and marketer in Bank of America’s municipal derivatives group, pleaded guilty Thursday to three criminal counts for engaging in bid-rigging and fraud conspiracies connected with guaranteed investment contract and other municipal finance agreements.

The Financial Services Authority said Thursday it fined Goldman Sachs $31 million for failing to notify the U.K. regulator that trader Fabrice Tourre was being investigated by the U.S. Securities and Exchange Commission.