Practice management

GE Funding Capital Market Services Inc., a subsidiary of General Electric Capital Corp., does not agree with the Securities and Exchange Commission’s plans to file charges against it in connection with an industry-wide investigation of guaranteed investment contracts and derivatives, but is discussing the matter, including a “potential resolution,” with SEC staff.

Far from serving as the fall guy for the financial crisis, the central bank will emerge with its existing powers intact and enhanced authority over systemically risky companies if the current Senate bill becomes law.

The panel ruled in favor of Mesirow, but panel chairman Richard Belmonte wrote a one-sentence dissenting opinion, in which he said the award “is grossly contrary to the manifest weight of the evidence and the applicable Illinois law.”

Elena Kagan urged the high court to reject an endorsement of the Gartenberg standard.

While Senate leaders said they would like to complete a vote on regulatory reform legislation this week, that goal is looking increasingly unrealistic.

A FINRA panel granted Stifel more than $900,000 in attorney’s fees and denied all of Wachovia’s claims in a bitterly disputed raiding case.

The Federal Deposit Insurance Corp. will take another stab at imposing checks on securitization. The agency is expected to issue another proposal that would restrict its safe harbor for securitized assets, five months after its first attempt, during which the Securities and Exchange Commission weighed in with a plan of its own.

In the aftermath of the global recession, regulators from developed nations are working with financial industry leaders to build a new foundation for a more balanced global economy less susceptible to worldwide crises.

Agencies tell investors to look at glidepaths, performance, risks, fees and underlying investments.

Like it or not, and most large banks don't, the Volcker Rule to ban proprietary trading is now all but certain to be enacted in regulatory reform.

In 2010, advisors are looking to grow their business. But in order to have time for recruitment, you’re going to have to let some of your clients go. Here’s how.

FINRA said Thursday that it has ordered Los Angeles-based Westpark Capital to pay $400,000 for supervisory system failures, and has suspended two officers for failing to supervise brokers who churned customer accounts and committed other violations.

Macaskill: "We didn't really understand what we owned."

Though it was clear from the start that a Republican alternative on the consumer bureau was going to fail, GOP lawmakers dragged out the debate rather than allowing the measure to be voted on and moving on to some of the roughly 140 other amendments still to be considered.

Community bankers are close to winning a key change to the Senate regulatory reform bill that would require the government to base deposit insurance rates on assets instead of domestic deposits.

Retiring boomers are changing the way the financial services industry - and the government – think about annuities.

According to a study, employees will need 15.7 times their final pay to account for inflation and post-retirement medical costs.

Bankers may be unable to stop a tax if it does get added to the legislation because Democrats view it as a way to ensure the reform bill saves the government money and Republicans consider it politically risky to oppose.

More than 25 investment managers have already signed on to the platform.

Large banks have repeatedly prevailed in battles to preserve federal preemption in Congress and the courts, but that victory string is likely to be broken by the regulatory reform bill being debated in the Senate this week.