Displaying 236 results
Looming election slams brakes on fiduciary regs
Facing fierce financial industry resistance, a pending regulation that would expand the definition of “fiduciary” for anyone providing…
Industry groups fight DB proposal in Calif.
Industry groups are fighting a proposal pending in the California State Assembly that would set up a state-authorized…
Retirement plan providers band together to stop DB proposal in California
Measure would create public pension for private workers; industry groups cite potential underfunded liabilities
FSI goes with ‘devil it knows’ in Finra oversight of advisers
Backing of B-D regulator as investment adviser regulator hardly a ringing endorsement
Industry stiffs DOL on request for IRA data in fiduciary analysis
The financial industry is butting heads with the Labor Department over providing data for a cost-benefit study related…
FSI goes with ‘devil we know’ in oversight of advisers
The way the Financial Services Institute Inc. sees it, the reason for supporting Finra’s effort to expand its…
Lobbyists redouble efforts as SRO bill heads to vote
Advocates and opponents of legislation that would shift oversight of investment advisers from the Securities and Exchange Commission…
The key to enjoying retirement? Start saving early, use an adviser
If you want to enjoy your golden years, start saving in your 20s and use an investment adviser…
FSI to hike fees dramatically
The Financial Services Institute Inc. is planning to finance its beefed-up lobbying efforts with big dues increases to its broker-dealer member firms.
The key to enjoying your golden years?
If you want to enjoy your golden years, start saving in your 20s and use an investment adviser to help you afford life after work.
Industry groups studying insider trading issue
Industry groups are looking at getting behind proposals that would prohibit members of Congress and others involved in the legislative process from trading stocks or commodities based on nonpublic information related to their work in government
Dale Brown: Preparing for DOL fiduciary sequel
If Dale Brown were a movie producer instead of a lobbyist for independent broker-dealers, he might be preparing a sequel.
Obama nixes 3% withholding tax for government contractors
President Barack Obama today signed into law a bill that would kill a withholding tax on government contractors even before it was levied for the first time.
Frank — the industry’s unlikely new ally
Barney Frank still has game. When Republicans gained control of the House in the 2010 election, the…
FSI goes straight to Obama to protest Labor fiduciary proposal
In an effort to halt that regulation and persuade the department to start over, the Financial Services Institute is going over Ms. Borzi's head and her boss's head, Secretary of Labor Hilda Solis, to President Barack Obama.
Industry trade groups flex lobbying muscles
As improved life expectancy stretches the retirement timeline for 76 million baby boomers, the insurance industry is hoping…
Fiduciary timetable pushed back into 2012
Advocates of extending fiduciary duty to cover more financial advisers had their hopes dashed last week — at least temporarily — as the two federal agencies that have been considering such a rule acknowledged that no action will be taken this year
Adviser SRO bill to be aired at hearing
A congressional hearing Tuesday will revolve around draft legislation that would establish one or more self-regulatory organizations for investment advisers
LPL to lower fees on ETFs and stocks
LPL Financial LLC will lower its equity and exchange-traded fund transaction fees to $9 a trade, from $15,…
Investors Capital will subsidize FSI memberships for its advisers
The Financial Services Institute, the lobbying organization for independent broker-dealers, said Friday that it had picked up the support of advisers this week from sizable independent broker-dealer Investors Capital Corp.
