Practice management

Commentary: San Jose Mayor Chuck Reed's campaign to amend his state’s constitution may spur movements to loosen pension protections in other states.

A judge’s ruling found the city of San Bernardino eligible to remain in Chapter 9 bankruptcy.

The SEC was handed a high-profile loss in a low-stakes case. A federal jury in Dallas yesterday rejected SEC claims that Cuban engaged in insider trading when he sold his stake in a Canadian Internet company nine years ago to avoid a $750,000 loss.

FINRA set guidelines for the first time for how banks in the U.S. should perform due diligence on brokers who sell their structured notes.

The passage last night by wide margins -- an 81-18 vote in the Democratic-led Senate, followed by a 285-144 vote in the Republican-controlled House -- allows the U.S. to avoid default and ends the shutdown that began Oct. 1 and has taken $24 billion out of the U.S. economy.

Stockbrokers routinely succeeded in erasing settlements of customer complaints from their regulatory records in the wake of 2008’s market turmoil, making it harder for investors to research the money managers, a group of plaintiffs lawyers said.

The agreement would end the 16-day-old government shutdown and extend U.S. borrowing authority, which lapses tomorrow. House Republicans today signaled that they will allow it to pass. The biggest remaining question is how quickly the agreement could become law. The first votes could be held as soon as today.

The firm must turn over internal gender-bias complaints by female workers to lawyers representing women in a lawsuit alleging the firm discriminated against them in pay and promotions.

The deal, which would bring the bank’s total settlements in the episode to more than $1 billion, may be announced as early as this week.

Advisors seeking to connect with the younger generations of wealthy households may want to consider doing things a little differently than they have for their boomer parents.

There are many ways to tilt portfolios toward small cap and value. Here are three alternatives for portfolio construction.

How can you tell whether your own goals are appropriately aggressive? Two things helped new solo advisor Dave Grant understand this.

The fiscal showdown in Washington entered its final stages as the House and Senate prepared competing plans that would end the 15-day-old government shutdown and prevent the U.S. from missing promised payments.

SEC Chairman Mary Jo White said the agency will review corporate disclosure rules to root out requirements that may be causing “information overload” for investors.

Hector Sants, head of compliance and government, is to take a temporary leave of absence because of “exhaustion and stress” less than a year into the job.

Advisors at NAPFA describe how they’re working remotely with a majority of their clients. “More and more clients will expect this kind of service,” they say.

With markets moving swiftly, advisors sometimes rebalance more than once a year.

Here’s how to build a diversified portfolio with just a few low-cost funds. It’s the ultimate conclusion from Modern Portfolio Theory.

Because excess capital losses can be carried forward to future tax returns, with no expiration date, clients can use this “bank” of losses to offset future net capital gains.

The board voted Thursday to adopt two attestation standards pertaining to audits of brokers and dealers, along with an auditing standard for broker-dealer audits.