U.S. Limits on Wall Street Bonuses Appear Doomed Ahead of Trump
Obscure regulator of credit unions said to be hurdle for rules; new restrictions clash with Trump pledge to rip up Dodd-Frank.
Senators Demand Clawback Rule in Response to Wells Fargo Scandal
Executive-pay rules under Dodd-Frank offer regulators a chance “to address these accountability issues at major banks,” wrote Sens. Warren and Menendez.
Rep. Hensarling Shares Draft of Bill to Replace Dodd-Frank
House Financial Services Committee chairman wants Financial CHOICE Act marked up in September.
Dodd-Frank Authors Rip MetLife Ruling
If sustained, a lower court ruling could “fundamentally undermine” Congressional intent, a legal trade group says.
Obama Says More Action Needed to Avert Another Financial Crisis
At meeting with regulators, including Mary Jo White and Janet Yellen, President Obama calls for more consumer protection and stricter scrutiny of Wall Street.
SEC Seeks Feedback on BD Liquidation Rule
Advisors and others have 60 days to share their thoughts on how failing broker-dealers should be liquidated.
SEC’s Aguilar to Leave by Year End
SEC Commissioner Luis Aguilar announced that he will be leaving his post by the end of December.
Toward a Workable Fiduciary Standard for Brokers: The 7 Questions
To tell if brokers are really acting like fiduciaries, ask these seven questions about a client's portfolio to check for possible broker abuses.
Fiduciary Best Practices: Talking to the Mailman in Kansas City
While our Best Practices are crafted mainly to help investors evaluate financial professionals, they also serve a larger purpose.
Wall Street's Next Political Storm
Think the fading memory of the financial crisis means Big Finance will take less political heat in the 2016 presidential elections? Think again.