Last year, investment advisers were playing defense on Capitol Hill on the issue of regulation. This year, they're on offense, and that gives the debate a different flavor.
Suddenly, mandatory arbitration is a hot topic. The latest sign: Sen. Al Franken and 36 Democratic lawmakers have called on the SEC to ban the agreements.
In a speech this week, SEC commissioner Luis Aguilar railed against mandatory arbitration agreements. Expect industry advocates to fire back.
OK with bigger budget, fees or SRO but says oversight 'problem' needs to be fixed.
Workers are being encouraged to roll their 401(k)s into IRAs, but that might not be the best plan of action, the GAO says. Solution? Use plain English, for one thing.
For the moment, liberal representative Maxine Waters's view on RIA oversight is making her a favorite of advisers. But the feeling isn't likely to last.
Fiduciary advocate claims commission's assumptions in cost-benefit analysis undermine potential rule
Canellos, Ceresney have earlier ties to new SEC boss White
Suspicious trading, lack of supervision cited by regulator.
Rethinking incentives for saving in tax-deferred accounts
Experts are just getting their arms around a little-publicized wrinkle in the 2012 law.
Money laundering, lack of supervision cited by regulatory agency.
In formal investor alert, SEC, Finra say spamming in "high gear."
The record fine Finra meted out to LPL for failing to oversee its e-mail system is just the latest in the regulator's crackdown on digital diligence, reports Dan Jamieson.
Department seeking comments before proposing formal method.
