Senators seem intent on writing their own bill, a process that could delay a final law until the end of the year.
In latest dispatch from the retirement front, InvestmentNews' contributing editor mulls health insurance, estate planning choices.
Paul Schott Stevens says prospects for a delay are 'uncertain' and that the rule 'is already causing great harm.'
Hypothetical "Zenvestr" would work mostly through an app.
Chatbot would engage clients to take financial actions and encourage adviser meetings.
If signed by the president, as expected, the resolution likely would have a 'chilling effect' on development of such retirement plans by states, due to the loss of the ERISA exemption.
The DOL rule that requires acting in clients' best interests will apply to these accounts.
Most U.S. homes are worth less than before the crash.
The group also will mull amendments to arbitration procedures.
Finra censures Royal Alliance, FSC, SagePoint, Woodbury, levies $550,000 in fines.
The Financial CHOICE Act also makes substantial changes affecting many regulators, including the Securities and Exchange Commission.
Says advisers working at a credit union misled investors on how they were paid
The job of 401(k) advisers is to help all plan participants attain a respectable retirement, including those who have lost the ability to earn money.
A third-party review found that 200 clients from the New England state bought nontraded REITs that violated LPL's guidelines and are eligible for an average of $40,000 apiece.
More than two hours of debate brings up old arguments from both Democrats and Republicans over whether rule will help or hurt the middle class.
Two Texas reps sign on to employee channel
Jesse Joseph Holovacko took $255,000 from client IRA claiming to buy bonds.
Master limited partnerships, tech funds and financial firms could be winners under the president's proposal.
A similar measure is awaiting action on the Senate floor, where it is expected to pass.
Summit Equities sold 1,037 individual variable annuity contracts to its customers during the time period cited by Finra.
