Displaying 236 results
Lawsuit could force delay to DOL fiduciary rule implementation
Experts weigh plaintiffs' likely arguments versus Labor Department's legal standing and odds in court.
Reinforcing the culture of compliance, industry-wide
By taking five steps, firms and their advisers can make sure they have addressed the corporate culture indicators on Finra's radar.
Lawsuit challenging DOL fiduciary rule to be filed Thursday: source
U.S. Chamber of Commerce, SIFMA, FSI, IRI and the Financial Services Roundtable are lining up against the controversial rule. The suit may be filed as early as Thursday.
Insurance groups opposed to DOL fiduciary rule step up campaign spending
The insurance and brokerage industries have shelled out many more dollars for congressional campaigns and lobbying than investment adviser organizations.
Senate approves resolution to kill DOL fiduciary rule
But without enough votes to overturn a threatened presidential veto, assistant secretary of Labor Phyllis Borzi calls the action 'the usual Washington Kabuki theater.'
New Finra pricing rules for illiquid investments shaking up IBD industry
Firms need to be proactive in conveying information to their advisers.
Progress being made to help advisers combat elder abuse
Group has established a resource center on state laws and agencies to help vulnerable clients.
State regulators offer training to help spot senior financial abuse
The North American Securities Administrators Association will make Senior$afe available to its members next month.
Brokers concerned that senior abuse concerns could lead to costly regulation
They agree with intent of possible legislation, but worry about compliance costs.
Adviser groups step up lobbying as DOL rule nears completion
Organizations opposed to the fiduciary rule invested more in Capitol Hill outreach efforts last year, trying to convince Congress to stop the measure.
The short list of those who could succeed Ketchum at Finra
Experts think the top candidates will have SEC experience.
Adviser groups, financial firms keep cash flowing to congressional candidates
Organizations that dominate lobbying expenditures also donate the most to political campaigns. Leading the charge are NAIFA and the ICI, while TD Ameritrade contributed just $9,000.
Regulatory process for advisers could slow in 2016
Both regulators are in the midst of major personnel changes and Congress is headed for an election year.
Show me the money: Financial advisory trade groups pay handsomely
If you want to make money in the financial advisory business, don't be a financial adviser. Heading groups that advocate for them pays much better. Plus, see what the top brass make.
New bills aim to stop DOL fiduciary rule
New bipartisan legislation would quash a Labor Department proposal to strengthen investment advice standards for retirement accounts.
Democrats torn between Obama, financial industry on DOL fiduciary rule
Latest letter threatens to slow the rule-making process while time runs down on the current administration.
Advisers form coalition to oppose DOL fiduciary rule
Grassroots organization is sponsored by a trade association for life insurance companies.
State regulators, Finra, SIFMA propose fee disclosure model for brokers
State regulators, Finra, SIFMA say their approach would clarify charges to investors, yet commissions and advisory fees are left out of the plan.
Groups opposing DOL fiduciary rule step up lobbying spending
Proponents' dollars lag this year, with a focus on grass-roots action.
Broker groups step up political spending early in election cycle
Contributions from investment advisers, however, slow down.
