Judge in Texas Case ‘Very Hard’ on DOL Rule, Lawyer Says
CFP Board lawyer in court room, though, said both sides made “very persuasive arguments.”
Despite Threats to DOL Rule, Advisors Urged to Finish Compliance Efforts
IAA’s Neil Simon says advisors should be prepared by the April deadline despite the uncertainty.
SEC to Continue Crackdown on ‘Stifling’ of Whistleblowers
In annual report to Congress, head of whistleblower office says agency will also zero in on “patterns of retaliation.”
Senate Finance Lawmakers Introduce Retirement Bill
Bill would allow individuals older than 70 ½ to continue contributing to IRAs.
JPMorgan Slammed With $264M in Sanctions Over Corrupt Hiring Practices
JPMorgan’s hiring of some employees at the request of foreign government officials allegedly enabled the firm to win business.
Kashkari, Minnesota Fed Chief, Has Plan to End Too-Big-to-Fail Banks
Former TARP overseer advocates for “much higher capital levels” for large banks and a tax on leverage for shadow banks.
SEC’s White: No SEC Fiduciary Rule Coming Before January
In her final House Financial Services panel testimony, White also said that the agency is still “significantly” underfunded.
SEC Chief White to Step Down in January
White has championed a fiduciary rule for all advisors and pressed Congress to raise its budget so it could increase investment advisor exams.
SEC Chief White: Fintech May Need New Regulation
At inaugural fintech forum, SEC’s Piwowar said SEC should take the “lead regulatory role” in the fintech space.
How Trump, New Labor Chief Could Kill DOL Fiduciary Rule
If overturning the DOL rule is a high priority for Trump, “it will happen one way or another,” says Andy Friedman of Washington Update.