Morningstar, ARA Deliver Fiduciary Education Program
The program "sets a new standard for fiduciary practices that goes beyond the mere letter of the law," says ARA head Brian Graff.
Former SEC Chief Walter Joins Investor Advisory Committee
SEC named three new members to its Investor Advisory Committee, including former SEC Chairwoman Elisse Walter.
Justice Dept. Defends DOL Fiduciary Rule
The DOJ is urging a Washington federal judge to reject NAFA's DOL fiduciary rule challenge.
DOL Fiduciary Hearing in Texas Set for Nov. 17
The federal judge in Texas overseeing the three lawsuits filed in the state against the DOL's fiduciary rule will hear oral arguments from both sides.
DOL Clarifies Fiduciary Rule for Insurance Companies
The DOL has issued "technical corrections" to the fiduciary rule related to BICE; meanwhile, the House introduced a funding bill that would kill the rule.
Sen. Warren Blasts SEC Disclosure Initiative as Harmful to Investors
The attempt to simplify public company disclosure requirements is an "ill-conceived" waste of the SEC's time, Sen. Elizabeth Warren says in a letter.
SeniorSafe, Crowdfunding Bills Pass House
The House also passed a bill raising the limit on the number of individuals who can invest in certain venture capital funds.
How the Clinton, Trump Estate Tax Plans Could Affect the Economy
The Tax Foundation recently examined the potential effects of the presidential candidates' estate tax plans.
SEC to Put Investors’ Understanding of 12b-1 Fees to the Test
SEC Investor Advocate Rick Fleming says the SEC will be "actively involved" in a program next year testing investors' understanding of mutual fund cost disclosures.
Big RIAs May Face Stress Tests
The SEC is working on a proposal to require stress tests for large investment advisors and investment companies, the agency's chief of staff says.