Sen. Warren Grills Puzder in Letter on DOL Fiduciary Ahead of Hearing
Sen. Elizabeth Warren challenged the Labor secretary nominee to provide answers on how he'd handle the fiduciary rule review.
FINRA Mulls Allowing Performance Projections for Investing Strategies
An amendment now out for comment would let firms illustrate the projected performance of a strategy or allocation but not an individual security.
DOL Files to Delay Fiduciary Rule
DOL filed a notice Thursday with the Office of Management and Budget to delay implementation of its fiduciary rule.
SEC's Top 5 Advisor Compliance Failures
An OCIE alert highlights the top deficiencies found in advisor exams.
Labor Pick Puzder’s Nomination Hearing Set for Feb. 16
Acting Labor Secretary Hugler likely will soon act to postpone the fiduciary rule’s April 10 compliance date, says Wagner attorney Tom Clark.
DOL Wins Fiduciary Rule Case in Texas
Congress "gave the DOL broad discretion" to protect retirement investors, the decision says.
FINRA Issues Status Report on Arb Task Force Suggestions
FINRA has taken action on 35 of 51 recommendations made in the Dispute Resolution Task Force’s final report.
DOJ Tells Texas Judge to Postpone Ruling on Fiduciary Rule
"It would not serve judicial economy to issue a ruling at this point," in light of President Trump's order, DOJ said.
Dodd-Frank Rollback Gets Rolling With Financial Choice Act Reintroduction
Even Democrats said Dodd-Frank “got loaded up like a Christmas tree," said former SEC exec Norm Champ. “There’s plenty that can be undone."
Sen. Warren: Fiduciary Rule Delay Would Hurt Financial Services Firms
Delay would be “a slap in the face” to financial services companies that have already invested in compliance, Warren tells acting DOL Secretary Edward Hugler.