Measure that would force DOL to halt its efforts until the SEC acts would move to the Senate next, but Obama threatens a veto.
Between 2012-14, expungement was granted in 87.8% of cases in which it was sought, according to the Public Investors Arbitration Bar Association.
The regulator releases its priorities for the new year. Topping the list are firms' compliance culture and conflicts of interest.
Mr. Oxley was chairman of the House Financial Services Committee in the 2000s and promoted a self-regulatory organization for advisers.
<i>Breakfast with Benjamin</i>: The specific things to watch for in today's jobs report that could influence the Fed's decision on interest rates.
Brian Kovack wants to make the organization more effective without antagonizing firms that are doing the right thing
Chairwoman White testifies before Congress about next steps and factors to gauge investor sophistication.
Loss of file and suspend and some spousal benefits could catch near-retirees off guard.
<i>Breakfast with Benjamin:</i> Another debate full of heated clashes &mdash; including with the moderators &mdash; but the candidates who rose to the top were not the usual suspects.
Jacob Cooper, founder of San Diego-based RIA Total Wealth Management, built his business to over $100 million in assets and more than 600 clients. Last week, a court-appointed receiver in a case brought by the SEC determined that more than $44 million of those assets are likely lost.
One of Rep. Kevin Brady's ongoing pursuits has been eliminating the estate tax.
Battle over the Labor Department's proposed fiduciary rule reaches a new level of nasty.
Rep. Peter Roskam and colleagues' 'legislative principles' for retirement advisers refer only to disclosing conflicts, not mitigating them, FPC says.
Agency brings actions against new kinds of securities fraud.
Grassroots organization is sponsored by a trade association for life insurance companies.
Massachusetts' top regulatory cop accuses the company of allowing unregistered advisers to make trades through its broker-dealer platform.
Legislation would give advisers the option to have cases tried in federal court instead of in forums presided over by the agency's administrative law judges.
Even those who backed similar legislation two years ago now support the Labor Department's proposal to change investment advice standards for retirement accounts.
National Compliance Services Inc. and Regulatory Compliance say their product lines complement one another, and together they can meet increased demand as more advisers become independent and regulations proliferate.
SEC says investors lost about $5.5 million in first case against an issuer of structured notes.
