…million a year. But a unanimous Supreme Court decision opened the door to new forms of student-athlete compensation. The NCAA has at least partially conceded the point, but the high…
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The SEC Catches Up To Social Media
…with investment clients and other parties. The new guidance does not address recordkeeping on social media. Can an adviser engage in communication via Facebook timeline posts and comments, or via…
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A Higher Standard For Retirement Accounts
…disclose the commissions they charge in order to help protect investors from conflicts of interests that could arise if brokers receive more compensation for recommending their company’s proprietary investment products…
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New SEC Rules Strengthen Money Market Funds
In 2008, investors feared the collapse of money market funds. The Securities and Exchange Commission (SEC) established new regulations to help stabilize the industry. Now, concerns about the European debt…
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‘Stretch IRAs’ Snap Back
…on the conversion. Converted assets can then grow tax-free in the new Roth IRA. The shorter time frame for beneficiary distributions under the new law reduces the potential benefits of…
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Ditching New York Tenant Broker Fees
…find customers, and when one agent brings a client to another, they split the commission. Except in New York City, that is. In the city, where perennially scarce rental housing…
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New Jersey’s Flags
…midtown Manhattan. New Jersey offers a better commute to Wall Street. The 9/11 attack in lower Manhattan cost the lives of some 750 New Jersey residents. Many others escaped to…
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Deciphering Google’s Alphabet Soup
…announcement Larry Page, the co-founder and former CEO of Google and the new CEO of Alphabet, described the new model he and Sergey Brin envision for the new organization: “to…
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