DOL Looking for Reason to Delay Full Fiduciary Compliance Date: Lawyer
The department says it will issue a Request for Information; the findings could give it cover to delay past Jan. 1, lawyer Erin Sweeney says.
Brisk Asset Management Firm M&A Activity to Continue in '17: Casey Quirk
Forty-four deals occurred in the first quarter, Casey Quirk reports.
SEC Charges Government Insider in Illicit Trading Scheme: Enforcement
The SEC also charged a man who manipulated the price of Fitbit stock by making a phony regulatory filing.
DOL Fiduciary Deadline Is Coming. Here’s a Compliance Checklist
Compliance firms and attorneys are busy giving advisors, BDs and plan sponsors a to-do list as the June 9 compliance date nears.
A Step Backward in Financial Regulation
The Financial Choice Act will make the financial system less safe, and it won't eliminate bailouts in a future crisis.
BD Stocks Feel Bite as DOL Fiduciary Deadline Nears
Meanwhile, financial analysts say Trump could bring broker-dealers, insurers and asset managers relief from some aspects of the reform package.
Trump Budget Cuts SEC’s Tech Funding
Trump budget seeks to abolish agency's Reserve Fund, which was created by Dodd-Frank.
Senior Financial Abuse Prevention Bill Gets Texas Lawmakers' OK
The Financial Services Institute says it worked with state legislators on the new rules.
FINRA Just Made It Easier for Family Offices to Buy IPOs
FINRA has clarified that family offices count as investment advisers when purchasing equity IPOs.
The CFPB Is Fighting for Its Life. Here's What to Know
On Wednesday, the U.S. Court of Appeals for the D.C. Circuit could take a step toward reshaping the single-director agency.