Reading this on a mobile device? Try our optimized mobile version here: http://r.smartbrief.com/resp/eihaCfbwoceZoVwRefmG

January 24, 2013
Sign upForwardArchiveAdvertise
Daily newsletter from NYSSA for investment professionals

  Top Story 
 
  • Bill on financial-product tax changes is expected
    The chairman of the House Ways and Means Committee is expected to release proposed changes to the taxation of financial products, including derivatives, a source said. "Today's marketplace features a wide array of products that can result in different tax or financial accounting treatment of economically similar products, including debt, equity -- and mixtures of the two -- and financial derivatives, such as options, futures, and forward contracts and swaps," Chairman Dave Camp said. Bloomberg (1/23) LinkedInFacebookTwitterEmail this Story
Excel and Modern Financial Planning
In today's digital age in financial planning, a new role of the "modern financial modeler" is coming to surface to bridge the gap between financial operations and strategic finance. View a complimentary copy of the Blue Hill research report and learn the role, skills and background of the "modern modeler", strategies and tools that provide for transition to this role for individuals, and best practices and pitfalls in moving to this set of skills.

  Industry Update 
  • Dodd-Frank is less than half implemented, GAO says
    The Government Accountability Office says in a report that less than half of Dodd-Frank Act rules had been implemented by the end of 2012. The GAO blames the complexity of the task as well as difficult coordination by overlapping and interconnected regulators. "Although regulators have established mechanisms to facilitate coordination ... several regulators indicated that coordination increased the amount of time needed to finalize rulemakings," according to the report. Reuters (1/23) LinkedInFacebookTwitterEmail this Story
  • Influx of HFT into currency market prompts concerns
    High-frequency traders have bombarded the foreign exchange market, prompting concerns that they are gaining an unfair advantage and raising questions about how platforms police such activity. For example, GSA Capital Partners has voiced concerns about the way Thomson Reuters sanctioned Lucid Markets, a high-frequency-trading firm, for violations of trading rules. The Wall Street Journal (1/22) LinkedInFacebookTwitterEmail this Story
  New York Focus 
  • State Sen. Codey may challenge Christie in governor's race
    State Sen. Richard Codey, who served as New Jersey's governor for 14 months from 2004 to 2006, is seriously considering running against Gov. Chris Christie in the next election, an aide said. Codey's chief of staff, Jon Boguchwal, said the senator was encouraged by the response he received when he spoke with labor leaders in Washington, D.C., to find out how much support he could expect to get from them if he runs against Christie. The Star-Ledger (Newark, N.J.) (1/23) LinkedInFacebookTwitterEmail this Story
  Career Development 
  • 4 ways innovators can better explain their ideas
    Your most cherished innovations won't add up to much unless you can communicate them effectively to co-workers and customers, writes Stefan Lindegaard. The first step is to realize the need to communicate. "You need to see the bigger picture and go beyond your own small world," he writes. 15Inno.com (Denmark) (1/21) LinkedInFacebookTwitterEmail this Story
  On The Economy 
  Financial Products 
  • Schwab launches 2 target-date mutual funds
    Charles Schwab Investment Management has brought to the retail market two target-date mutual funds structured as trusts to be eligible for use in retirement plans. The Schwab Managed Retirement Trust Fund 2055 holds a mix of actively managed and passive investments. The Schwab Indexed Retirement Trust Fund 2055 principally pursues passive investments. Schwab Target Funds also were launched for 2045, 2050 and 2055. PlanAdviser.com (1/23) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
All news is an exaggeration of life."
--Daniel Schorr,
American journalist


LinkedInFacebookTwitterEmail this Story

 
 
Subscriber Tools
     
Print friendly format | Web version | Search past news | Archive | Privacy policy

Advertise
Account Director:  Alexandra Varipapa (302) 242-2055
 
Read more at SmartBrief.com
A powerful website for SmartBrief readers including:
 
 
 Recent NYSSA SmartBrief Issues:   Lead Editor:  Bridget Lux
     
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
 
 
© 1999-2013 SmartBrief, Inc.® Legal Information