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.
The DOL rule that requires acting in clients' best interests will apply to these accounts.
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.
Most U.S. homes are worth less than before the crash.
The group also will mull amendments to arbitration procedures.
The Financial CHOICE Act also makes substantial changes affecting many regulators, including the Securities and Exchange Commission.
Finra censures Royal Alliance, FSC, SagePoint, Woodbury, levies $550,000 in fines.
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.
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.
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.
Two Texas reps sign on to employee channel
Jesse Joseph Holovacko took $255,000 from client IRA claiming to buy bonds.
A similar measure is awaiting action on the Senate floor, where it is expected to pass.
Master limited partnerships, tech funds and financial firms could be winners under the president's proposal.
Summit Equities sold 1,037 individual variable annuity contracts to its customers during the time period cited by Finra.
A new tool lets users make an easy comparison between the cost of owning and renting a home.
Also known as a postmarital agreement, it's an increasingly popular variant of the prenuptial agreements that engaged couples have been signing for decades.
