Legal

The Project on Government Oversight says it has serious concerns about FINRA's conflicts of interest, lack of transparency and accountability as an SRO.

The measure would reduce annual cost-of-living increases for public employees and also gradually makes schools pay the cost of retirement benefits for their employees.

As the first-ever financial adviser to chair the FSI, I think it's time for a frank discussion on why we're supporting FINRA as the SRO for RIAs.

May's figure is the biggest drop since October 2011, with a weak housing market and consumers seeing their retirement plans shrink as stock prices fall.

Using the $150 billion state pension fund's stock portfolio as influence, the comptroller's office said it has helped persuade 27 other big corporations to agree to new nondiscrimination policies.

The federal pension guarantee organization recently sued to take over the failing law firm's pension plans, underfunded by $80 million.