The Real Fight Over Tax Overhaul Is Just Starting
It's unlikely the Senate will pass a tax bill with “as much as ease as the House,” the Tax Policy Center says.
Clayton’s SEC Cracking Down on Individual Wrongdoers
Targeting individuals over institutions consumes more resources, but the “price is worth paying,” the agency's two top enforcers say.
House Passes GOP Tax Reform Bill
Bill passed House by 227-205 vote; Andy Friedman sees passage of Senate bill after Thanksgiving.
DOL Unit Prepares Multi-Employer Health Purchasing Proposal
The OMB is putting a draft of the proposal, which has not been released, through a regulatory review.
FINRA Board Rife With Conflicts: PIABA
FINRA’s board "has public board members who have very deep ties to the securities industry," said the lawyers' trade group.
DOL Ready to Enforce Fiduciary Rule: Acosta
If firms are willfully violating the best-interest standard, which took effect June 9, Labor will use its enforcement authority, Acosta told lawmakers.
Tax Bill Could Be Doomed in Senate Thanks to ACA Mandate Repeal: Valliere
The Finance Committee also made permanent the 20% corporate tax rate and made several other major changes to the bill.
Groups Urge SEC to Update Broker Electronic Retention Rule
WORM storage “is not an effective business continuity or cybersecurity defense tool,” trade groups warn the securities regulator.
SEC Finds Widespread Compliance Failures Among Municipal Advisors
A risk alert details “frequently observed deficiencies” in the areas of registration, books and records, and supervision.
House Passes Bill Requiring Safeguards on Trading Data
The CAT system, which tracks market activity, was scheduled to launch soon but exchanges are reportedly seeking a delay.