Social Security Disability Appeals Piling Up Due to Lack of Funding: Senators
The SSDI hearing backlog has reached record high, with average wait time roughly 600 days, senators say.
Thrivent, DOL Anti-Arb Fiduciary Tussle Continues
Labor argues that there's no need for relief from the anti-arbitration provision because the rule will likely be delayed anyway.
Trump Signs Elder Fraud Bill Into Law
The new law cracks down on telemarketing and email fraud and boosts penalties for health care fraud.
FINRA Seeks Comments on Changes in Arbitration Rules
One amendment seeks to help further address the issue of unpaid customer arbitration awards, says FINRA's Berry.
Senators Float Seniors Tax Hike Prevention Act of 2017
Without action, the income threshold after which seniors can deduct health care expenses from their taxes will rise this year.
IRS Withdraws Estate, Gift Tax Valuation Regulations
The Obama-era rules are among eight "tax burdens" that the Trump administration wants to eliminate.
Senate Panel Schedules SEC Nomination Hearing for Peirce, Jackson
If confirmed by the full Senate next week, both would enter the agency as it crafts a fiduciary rule.
SEC Charges Miner Rio Tinto, Former Execs With Fraud
The firm inflated the value of coal assets acquired for $3.7 billion and sold a few years later for $50 million, the SEC says.
Schwab TV Ads Tout Advisors’ Fiduciary Status
The ads running on Fox Business Network and CNBC are designed to put independent advisors front and center.
FINRA Data Shows 15-Year Decline in BDs
FINRA just published 15 years of data on the number of broker-dealer reps entering and leaving the industry and of the decline in member firms.