SEC Fines 14 Firms for Muni Bond Violations
Barclays, Janney Montgomery and Wells Fargo are among the firms fined.
Bills to Replace DOL Fiduciary Rule Pass House Panel
Both bills "codify loopholes … that make it all too easy" for advisors to avoid their best interest obligations, says consumer advocate Barbara Roper.
NASAA Adopts Model Rule to Fight Senior Financial Abuse
The model rule, should states choose to adopt it, would allow BDs or advisors to delay disbursements when they suspect financial exploitation.
Barclays, Credit Suisse Fined $154M Over Dark Pool Violations
The SEC and the New York Attorney General slammed the firms for making misrepresentations about their trading venues to investors.
FINRA, SEC to Get New Execs in 2016
New faces will be showing up this year at FINRA and the SEC.
DOL Fiduciary Rule Could Arrive by April
While DOL was putting finishing touches on its rule to retool the definition of fiduciary under ERISA, regulators for BD and advisory industries unleashed their exam priorities for the new year.
12b-1 Fees in Crosshairs at SEC — and DOL
The SEC continues its focus on fund expenses, but DOL's fiduciary rule will take aim at such fees as well.
Bills to Replace DOL Fiduciary Rule to Get Marked Up on Tuesday
The proposals provide a "responsible legislative alternative" to the DOL’s "controversial" fiduciary plan, says House Education & Workforce Committee Chairman John Kline.
DOL Fiduciary Rule Lands at OMB for Review
SIFMA urges OMB to put the rule through a "comprehensive" cost-benefit analysis.
Senator Pushes Retirement Savings Account Bill
American Savings Accounts would be modeled on the Thrift Savings Plan for federal workers, Sen. Jeff Merkley, D-Ore., says.