Chief of Staff of Ex-SEC Head White Rejoins Shearman & Sterling
Nallengara joins firm’s capital markets and corporate governance practices in New York.
SEC Bars Advisor, Fines Another for 12b-1 Infractions
A former Credit Suisse advisor must pay more than $2 million for recommending shares with a 12b-1 fee instead of lower-expense institutional shares.
New Glass-Steagall Bill Pushed by Sens. Warren, McCain
The move to rebuild a wall between commercial and investment banking has support in both parties and the Trump administration, the senators say.
House Votes to Boost Number of Investors Allowed in Venture Capital Funds
The Supporting America’s Innovators Act, which now moves to Senate, increases the limit from 100 to 250 investors per fund.
SEC Boosts How Much Firms Can Raise via Crowdfunding
The regulator's move is an inflation adjustment and adheres to JOBS Act rules.
DOL Fiduciary Rule Foes Say Delay Falls Short of Trump Order
Ken Bentsen, president and CEO of SIFMA, sees problems with Labor's "convoluted" ruling.
DOL Releases Its Delay of Fiduciary Rule
DOL issues final rule to delay compliance date by 60 days; asks for comments on Trump memorandum.
DOJ Says DOL Fiduciary Rule Delay Coming Wednesday
In court filing, DOJ says OMB review of Labor’s draft fiduciary rule is "nearly complete."
Senate Banking Votes to Advance Clayton to SEC Chair Post
The committee voted to send Jay Clayton's nomination to the full Senate.
Save Our Savings Coalition Launches in Face of Tax Reform
Groups worry that the tax incentive for retirement plans will be reduced.