SEC Warned to Halt Money Market Fund Rule Release
Financial Services Roundtable tells SEC to deal with money fund rule's "tax consequences" before moving ahead.
SEC on a Dodd-Frank ‘Death March’: Gallagher
The SEC has been on a “death march” to finish Dodd-Frank rulemakings unrelated to its core mission, SEC Commissioner Gallagher said Wednesday.
Rep. Waters Calls for Hearing on Advisor Exams
The top Democrat on the House Financial Services Committee wants a hearing on ways to boost advisor exams, including her user fees bill.
House Appropriations to Hold Wednesday Vote on SEC Budget
SEC Chairwoman White told lawmakers Obama's $1.7 billion budget would permit the SEC to increase advisor exams.
Advisory Industry Wants More Exams (and Will Pay for Them, Too)
On IAA's annual lobbying day, the industry has “a very unusual message" for Congress, TD Ameritrade's Skip Schweiss told ThinkAdvisor.
SEC Should Shift Existing Funding to Boost Advisor Exams, IAA Says
The advisor advocacy group is “concerned about the potential disadvantages" of third-party exams compared to SEC examinations, says President David Tittsworth.
Public Pensions Hiding Trillions in Liabilities, SEC Commissioner Says
Lax governmental accounting standards that have allowed systemic underfunding of public pensions would amount to fraud in the private sector, SEC's Daniel Gallagher.
DOL to Delay Fiduciary Redraft Release Until January
Labor Secretary Perez told a Senate Appropriations subcommittee that the redrafting of the fiduciary proposal “has been slowed down at my direction significantly.”
SEC's Gallagher: Fiduciary Debate Is Unfair
Daniel Gallagher, one of the Securities and Exchange Commission's two Republican commissioners, has been very vocal as of late regarding his belief that the agency doesn't need to write a rule to put brokers under a fiduciary mandate.
Harvey Pitt’s Solution to SEC’s RIA Exam Shortfall
SEC Chairwoman Mary Jo White says third-party exams are a “creative idea,” but there are “a number of issues.” Ex-Chairman Pitt offers one solution.