Obama Signals Support for DOL Fiduciary Redraft
As both sides gird for battle over the DOL measure, expected to be released any day now, the White House appears ready to lend support.
SEC Investment Management Director Champ to Exit
Champ played a key role in the SEC’s money market fund reforms and instituted regular IM Guidance Updates. He will teach at Harvard Law.
Obama’s State of the Union Financial Proposals Draw Praise, Criticism
Industry trade groups and lawmakers were quick to weigh in on Obama's plans, or lack thereof, on cybersecurity, Dodd-Frank, taxes and entitlement reform.
Mass. Regulator Galvin Issues ‘Emergency’ Crowdfunding Exemption
The Massachusetts Securities Division said Thursday that it had adopted a crowdfunding exemption for offerings within the state.
UBS Securities to Pay $14M to SEC Over Dark Pool Violations
“Today’s charges are notable for their breadth," says SEC's enforcement chief.
GOP Thwarts Rep. Waters’ Effort to Add User-Fees Bill to Dodd-Frank Package
GOP lawmakers blocked the user-fees bill aimed for the Dodd-Frank rollback package that passed the House on Wednesday.
Carson Wealth Revamps Management Structure
Carson Institutional Advisory to add 15 offices in 2015, says Ron Carson, and Laura Pierson has become the first woman to head Peak Advisor Alliance.
SEC’s Top Exam Priorities for 2015: Retirement Savers, Branch Offices
The regulator also will zero in on reps who offer "a variety" of fee arrangements.
IRS International Data Exchange Service Open for FATCA Filings
“The opening of IDES is a milestone in the implementation of FATCA,” said IRS Commissioner John Koskinen.
Illinois OKs Roth IRA-Style Retirement Plan
ASPPA applauds the law, which will require employers with 25 or more workers to offer private retirement plans or use the state program.