Brisk Asset Management Firm M&A Activity to Continue in '17: Casey Quirk
Forty-four deals occurred in the first quarter, Casey Quirk reports.
DOL Fiduciary Deadline Is Coming. Here’s a Compliance Checklist
Compliance firms and attorneys are busy giving advisors, BDs and plan sponsors a to-do list as the June 9 compliance date nears.
Trump Budget Cuts SEC’s Tech Funding
Trump budget seeks to abolish agency's Reserve Fund, which was created by Dodd-Frank.
Sticking to DOL Fiduciary Deadline Is ‘Right Move,’ Says fi360’s Aikin
Opponents, meanwhile, were disappointed by Acosta's decision; "dramatic and fundamental changes are appropriate and necessary," says SIFMA's Bentsen.
FINRA Elects Piper Jaffray’s Duff as Large-Firm Governor
Duff's "deep experience working with institutional and individual investors will be an invaluable asset to our deliberations,” said FINRA CEO Cook.
DOL Won’t Delay June 9 Fiduciary Rule Compliance Date: Acosta
DOL has "found no principled legal basis to change the June 9 date while we seek public input," Labor Secretary R. Alexander Acosta said.
Courts Will Not View DOL Fiduciary Rule Repeal Favorably: Borzi
Further delay will create “uncertainty” that will be “really problematic,” the rule's architect, Phyllis Borzi, said at the fi360 conference.
Rep. Jeb Hensarling — Dodd-Frank Doomsayer: The 2017 IA 25
Financial Choice Act moves to the full House, but doubts persists as to whether there’s appetite in Congress to deal with Dodd-Frank reform.
NAFA Presses DOL to Use Procedures Law to Delay Fiduciary Rule
An Administrative Procedure Act provision allowing delay of a rule during a court challenge seems to be the administration's best hope, the annuity group says.
Trump Signs Resolution Abolishing State Run Auto-IRAs
H.J.Res 66 stops states from establishing retirement accounts for private-sector workers who don’t have retirement plans at work.