Mass. Regulator Galvin Slams Financial Choice Act
The Act "purports to benefit Main Street and Mom and Pop," William Galvin told Rep. Hensarling, but instead "is a generous gift to Wall Street."
Trump Issues Dodd-Frank Executive Order
It directs Treasury Secretary Mnuchin to review Orderly Liquidation Authority, Financial Stability Oversight Council
Workers Maintain or Increase Income After Claiming Social Security: ICI
The median worker replaced 103% of spendable income after claiming Social Security, ICI economists found.
Advisors Can Now Earn Medicare CFP Board CE Credits
Medicare Interactive Pro now offers two online Medicare courses approved by the CFP Board.
SEC Actions Against BDs Jump 20%: Cornerstone Research
First half of FY 2017 sees increase, as SEC continues to file vast majority of its actions as administrative proceedings rather than civil actions.
FINRA Senior Helpline Marks Anniversary With $4.3M in Reimbursements
Since helpline launched two years ago, FINRA staff have referred nearly 650 matters to state, federal and foreign regulators.
Financial Choice Act Hearing Date Is Set
“Republicans are eager to work with the President to end and replace the Dodd-Frank mistake,” House Financial Services Chair Hensarling said.
Ric Edelman Unveils Novel Social Security Supplement Plan
Edelman’s plan asks the government to set aside a small one-time sum in a trust fund for each child born in the U.S.
Even Fiduciary Champions Push DOL to Change Rule
Comments from fiduciary rule supporters, like the Investment Adviser Association and Vanguard, urged the Labor Department for revisions.
Government Shutdown Could Roil Markets, Tax Cuts Still Doable: Friedman
Republicans will cut taxes this year to avoid embarrassment, but full-scale reform is uncertain, says Washington Update's Andy Friedman.