DOL Posts Indexed Annuity Fiduciary Rule Exemption Draft
To get supervisory responsibility, a marketing organization might need $1.5 billion in annual sales.
FINRA Mulls Changing Its Rulemaking Process
FINRA plans to ask BDs about what changes need to be made to its engagement and transparency policies — including how it crafts rules.
SEC Fines BlackRock and HomeStreet for Impeding Whistleblowers: Enforcement
In other enforcement news, Allergan will pay a $15 million penalty for disclosure failures during merger talks.
Sen. Warren Questions Firms on Their DOL Fiduciary Prep Ahead of Possible Delay
Meanwhile, a Consumer Federation of America report scrutinizes how brokerages and insurers market their salespeople as "advisors" while fighting the rule.
FINRA Alerts Investors to Aggressive Call Center Tactics
As clients with smaller accounts are pushed out of advisor relationships, they may be sent to heavily sales-oriented call centers, FINRA says.
IRS Probe of Bitcoin Accounts Sparks Legal Showdown
San Francisco digital currency company Coinbase Inc. is challenging an IRS request for information about customers.
SEC Chair White Says Goodbye ... for Now
As she leaves office, Mary Jo White tells ThinkAdvisor what her SEC has accomplished and why her successor should keep the “broken windows” approach.
Industry Groups Express Support for OCC Fintech Charter
Supporters argue that fintech regulations should be tailored to firms' individual risk and business models.
Yellen Says Economy Near Goals, Warrants Gradual Rate Hikes
U.S. central bankers are bracing for what could be an economic regime shift.
House Bill Would Let Students Pay Off Loans With 529 Plans
The legislation also would encourage companies to help employees save for college or for disability care via tax incentives.