Wealth Management
Top stories summarized by our editors
2/20/2017

Most couples' tax-advantaged savings accounts, such as 401(k)s and individual retirement accounts, are held in the name of one person, usually the husband, according to a RAND report. Couples should be encouraged to plan together so each partner is aware of assets and contributions, the report and advisors say.

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MarketWatch
2/20/2017

Social Security is not a benefit free of taxes, and federal taxes take a majority of the income in some circumstances. Documents and software can determine how much one is likely to owe.

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MoneyTips
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Social Security
2/20/2017

Independent contractors interested in a simplified employee pension individual retirement account have until Oct. 15 to establish one and contribute for 2016. For moonlighters, an employer-sponsored 401(k) doesn't affect SEP contributions.

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Forbes
2/20/2017

Outstanding student loans have doubled since 2009, pushing the total to a record $1.31 trillion in 2016, according to the Federal Reserve Bank of New York. More than 90% of student debt is owned or guaranteed by the government, and nearly 25% of borrowers are in default or at least 90 days in arrears.

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Bloomberg
2/20/2017

The Commodity Futures Trading Commission's delay of enforcement of a variation-margin requirement on uncleared over-the-counter derivatives to Sept. 1 still leaves most market participants subject to US and European banking regulations. Compliance will move "full steam ahead" unless other regulators follow the CFTC's lead, Ropes & Gray lawyer Molly Moore says.

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CFTC
2/20/2017

Asian hedge funds performed better than regional equities last year, a Hedge Fund Research report says, and Chinese and Japanese funds have carried that strength into 2017. Investment in Asian hedge funds decreased $8.6 billion last year, but $7 billion of that came amid first-quarter turbulence, HFR says.

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FINalternatives
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hedge funds, Hedge Fund Research, HFR
2/20/2017

Hedge funds are increasingly looking to sell leveraged credit default swaps to insurers, though both sides find payout unlikely, Dan McCrum writes.

2/20/2017

A coalition of students at Wright State University and other groups want colleges and universities to curtail hedge fund investment. Hedge fund investing has been important for diversification, but "zero-ish" returns are prompting concerns, says Karl Scheer, chief investment officer at the University of Cincinnati.

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Bloomberg
2/20/2017

The UK Financial Conduct Authority and France's Autorite des Marches Financiers have offered widely different interpretations of guidelines on corporate access under the revised Markets in Financial Instruments Directive, which has a July 3 deadline for adoption. A lack of alignment across Europe could "fatally undermine" MiFID II, Michael Hufton writes.

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IR Magazine online
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Financial Conduct Authority
2/20/2017

The US Court of Appeals for the District of Columbia Circuit is scheduled in May to reconsider a case concerning the Securities and Exchange Commission's in-house judges. The challenge contends the judges are appointed unconstitutionally.

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Reuters