House Panel Sets Wednesday Markup on Bill to Halt DOL Fiduciary Rule
The Retail lnvestor Protection Act would force the DOL to wait for an SEC fiduciary rule.
House GOP Makes Last-Ditch Effort to Stall DOL Fiduciary Rule
Rep. Jeb Hensarling said he would advance Rep. Ann Wagner's Retail Investor Protection Act to “stop” the Department of Labor's “misguided” fiduciary rule.
Puerto Rico Loophole Utilized by UBS Targeted by House Lawmaker
Congressman plans to introduced bill to eliminate the island's exemption from the Investment Company Act of 1940.
Rep. Wagner Wants Bill to Halt DOL Fiduciary Rule Marked Up by Month-End
"DOL is dug in on this, but I’m pretty dug in, too," Wagner said ahead of a Thursday hearing on her bill.
5 New Compliance Headaches for Advisors, BDs
As Labor Day approaches, here are five big compliance developments advisors may have missed in recent months.
House Panels to Hold Hearing on DOL Fiduciary Rule
The hearing could lead to the markup of a bill that would stop the DOL rule until the SEC comes out with its own.
Firms Must Report CEO-to-Worker Pay Ratio Under New SEC Rule
The “controversial, contentious” rule garnered a whopping 287,400 comment letters, SEC Chairwoman White said.
Yellen Upbeat on Economy Amid GOP Attacks
Yellen rejects more oversight of Fed as House Republicans criticize her.
DOL Shouldn't Rubber-Stamp Waivers for Guilty Banks, Democrats Say
Sen. Warren and others want DOL to hold a hearing on waivers requested by four megabanks to remain “qualified professional asset managers” despite guilty pleas.
New Hire Roundup: MarketCounsel Hires 2 to Expand Business Growth
Meanwhile, the Financial Services Roundtable welcomed Chris Feeney as president of FSR’s technology division BITS.