New BPC Report Suggests Fixes to LTC Financing Challenge
Fighting for more Medicaid dollars is “a losing argument; we’re beyond that,” says former Senate Majority Leader Bill Frist.
FSI Cheers Demise of Bill to Tax Investment Managers in Illinois
FSI members organized as LLCs, LPs or LLPs would have faced stiffer taxes, the lobbying group says.
Doubling of HSA Limits in Health Bills Could Spark Further Asset Climb
Analysis of HSA plans “will become crucial as investors and policymakers strive to better understand the provider marketplace,” says Morningstar.
Washington Abuzz With New CFP Board Standards, Treasury Reg Reform Moves
Recent developments in Washington that should grab advisors’ attention include the Treasury department's first report on regulatory reform, among other things.
The Debate Over ‘New Evidence’ and the Fiduciary Rule
In an email to ThinkAdvisor, Harold Evensky had some choice words on a recent Chamber of Commerce study that purported to show the rule’s harm.
Mutual Fund Flows Beat ETFs in June: Cerulli
Half of advisors plan to increase their use of fixed income ETFs, according to Cerulli.
Spending Bill ‘Poisoned’ by Financial Choice Act, House Dem Says
The bill includes “many of the most dangerous parts of the Wrong Choice Act” in violation of House rules, says Rep. Maxine Waters.
DOL Releases Fiduciary Rule Request for Information
Comments could lead to “new exemptions or changes” to the fiduciary rule and PTEs, as well as extending the Jan. 1 compliance date.
SEC Investor Advocate Worries Fiduciary Rule Could Harm Investors
Rick Fleming cites “conflicting standards” in Section 913 of Dodd-Frank, which could complicate an SEC rulemaking.
Travelers’ Heyman Named FINRA Board Chair
Heyman succeeds former Vanguard CEO John J. “Jack” Brennan.