U.S. court upholds Obama-era retirement advice rule
A U.S. federal judge on Wednesday upheld an Obama-era rule designed to avoid conflicts of interests when brokers give retirement advice, in a possible setback for President Donald...
Finance Tips: Financial Advice That Forever Changed My Life
Highlights of the best finance tips. A roundup of financial tips right now, including the best financial advice you've ever received.
How to Grow Your Savings Every Day This Week
Quick ways to reboost your savings this week — LearnVest Tax tips for freelancers — Lifehacker 8 reasons you need to start buying local
Tax Preparation Advice: 4 Scams to Avoid This Year
With the start of the New Year, it's time to start thinking about tax preparation. During the filing season tax scammers are on the prowl. Here are the four biggest scams
LSTA Submits Risk Retention Letter to Treasury
April 10, 2017 - In response to an Executive Order issued by President Trump in February, on April 7, 2017, the LSTA submitted an important letter to Secretary of the Treasury Steven Mnuchin suggesting the elimination or modification of the risk retention rules as applied to CLO managers The Executive Order on Core Principles for Regulating the United States Financial System (“EO”) has two substantive sections, the first of which enumerates “core principles” by which the administration will be guided in regulating the U.S. financial system. Most relevant to the loan market is a provision to “make regulation efficient, effective, and appropriately tailored.” The EO directs the Secretary of the Treasury to consult with the heads…