Industry

SEC proposes rules for technological systems

The Securities and Exchange Commission (SEC) has proposed new rules for market participants that will require them to put in place comprehensive policies and procedures with regards to their technological systems. According to an SEC release, the proposal, called Regulation SCI, would replace the current voluntary compliance program with enforceable rules designed to better insulate […]

By Staff |March 8, 2013

2 min read

FINRA bars broker for swindling 31 NFL players

FINRA has barred broker Jeffrey Rubin of Lighthouse Point, Florida, from the securities industry.

By Staff |March 8, 2013

2 min read

Advising Batman: The costs of being a superhero

Bruce Wayne or Batman—currently one of the most popular DC Comics superheroes—seems like a run-of–the-mill, ultra-wealthy socialite; besides his crime fighting, that is. Find out how you would advise him and how much his lifestyle really costs.

March 8, 2013

2 min read

Standard Life reports 2012 net income of $431 million

Standard Life Financial Inc. has reported a net income of $431 million (2011: $244 million), a year-on-year increase of 77%. The improvement was driven by higher fee income and investment yields, as well as previously announced management actions. Premiums and deposits gained 10% to $5.86 billion (2011: $5.33 billion) in 2012 and 9% to $1.49 billion (2011: $1.37 billion) in the fourth quarter.

By Staff |March 7, 2013

1 min read