Broker-dealer groups endorse the change, saying it would put them on a level playing field with investment advisers.
Just as advisers are obligated to fulfill fiduciary duties, elected officials are similarly obligated when it comes to public policy.
The House Republican approach kills investment-income levies, but the breadth of coverage could shrink.
Some retirement plan advisers see providers' compliance moves as potential competition.
Ariel Investments wins trademark suit against small Florida RIA with same name.
Division bulked up under Mary Jo White, but is already curtailing expenses as it awaits new budget
Resolutions to overturn the rules only require a simple majority to pass, and aren't subject to a Senate filibuster
Frank H. Black and his firm, Southeast Investments N.C. Inc., failed to retain business-related emails and to achieve compliance with applicable securities laws, according to the Finra panel's decision.
The regulator's acting chairman says he prefers that agency employees conduct exams.<a href="http://www.investmentnews.com/article/20170306/FREE/170309954/sec-enforcement-unit-bracing-for-budget-cuts-under-trump" style="color:#b10816" target="_blank">​ <i><b>(More: SEC enforcement unit bracing for budget cuts under Trump)</b></i></a>
If nothing else, the dollar amounts should be adjusted for inflation.
The FAQs encourage investors to press their advisers about whether they are fiduciaries.
The firm will make a final payment to investors who bought promissory notes issued by MedCap, a $1.7 billion Ponzi scheme sold mainly through independent broker-dealers.
President Trump did not mention it in his speech Tuesday, and a replacement bill is not getting the support it needs to make it through Congress
There will be a 15-day comment period on the proposal to extend the applicability date of the rule, beginning from the time the proposal is published in the Federal Register, scheduled for Thursday. The proposal also invites a 45-day comment period regarding the "examination described in the President's Memorandum."
The lawsuit is similar to ones filed against other insurance companies in recent years, which challenge the fee levels received by the firm versus a fund's subadvisers.
After an erratic five weeks in office, Mr. Trump's speech makes him 'more presidential.'
More than 20 claimants initially sought $8.8 million in damages and costs after a Morgan Keegan adviser allegedly misappropriated their funds.
Agency will need more than two months to conduct assessment of regulation directed by President Trump.
In a posting on its <a href="https://www.reginfo.gov/public/do/eoDetails?rrid=127214" style="color:#b10816" target="_blank">website on Tuesday morning</a>, the Office of Management and Budget also noted that it changed the designation of the delay to "economically significant."
