Senators Ask SEC Chief to Mull Further Cyber Rules After EDGAR Hack
Clayton plans to testify that he's "deeply concerned" about the breach and to lay out for lawmakers what an SEC fiduciary rule should look like.
FINRA Fines Down 70% in First Half of 2017
These are the five biggest FINRA fine categories for the first half, according to Eversheds Sutherland.
State-Registered Advisors Need More Cyber Prep
State securities exams found nearly 700 deficiencies involving cybersecurity, NASAA says; the group offers a cybersecurity checklist.
Andy Friedman: Left, Right and Center Slug It Out on Health Care
GOP Graham-Cassidy bill comes up for a vote next week, while Bernie Sanders' single payer concept stands "no chance," Friedman says.
Boost College Savings Act Calls for Employer Match on 529 Plans
The bill also allows unused savings to be rolled into a Roth IRA or ABLE account.
New Group Lobbies DOL on Fixed Indexed Annuities’ Treatment Under Fiduciary Rule
Fixed Annuity Consumer Choice Campaign wants fixed indexed annuities taken out of BICE.
Minority-Owned Asset Managers Oversee Less Than 1% of Market: GAO
GAO recommends four practices to help federal entities utilize more asset managers owned by minorities and women.
State Fiduciary Rules Create a Regulatory ‘Mess’
Advisors “don’t know what their obligations are under state law” or what to do if they conflict with federal regulations, an attorney says.
SEC Chief Clayton Reveals Cyber Breach in EDGAR System
In a sweeping statement, agency says it learned in August that the 2016 breach "resulted in access to nonpublic information."
FSOC Insurance Member Bill Heads to Trump’s Desk
The bill clears up confusion on whether, and how long, the independent insurance member of FSOC can serve once their term expires.