Roper Urges SEC Chief to Move on Fiduciary With Split Vote
Chairwoman Mary Jo White “gives every impression” that a uniform fiduciary rulemaking is “a personal priority for her,” says consumer advocate Barbara Roper.
What's Next for the Fiduciary Standard?
While the industry awaits a decision by the SEC on whether it will move forward with a uniform fiduciary rule for brokers and advisors, fiduciary advocates will engage this month in a debate about the importance of the two fiduciary rulemakings being considered by the SEC and the DOL.
SEC Approves Tighter Money Fund Rules on 3-2 Vote
Among the changes approved by a split SEC: a floating NAV for prime money market funds.
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.
Dodd-Frank’s FSOC Under Fire as Americans Push for Wall Street Crackdown
Just as a poll shows Americans back tough regulations on Wall Street, regulators and lawmakers continue to sharply criticize the Financial Stability Oversight Council.
High-Speed Trading Rules Coming From SEC, White Says
The SEC chief unveiled the regulator’s most sweeping plan yet for reining in high-frequency trading and monitoring secretive trading practices.
Regulators Approve Volcker Rule, the Core of Dodd-Frank
The Fed and FDIC unanimously vote to adopt the rule, which adds tough new restrictions on banks.
Rostad Kicks Off Fiduciary September
Knut Rostad, Vanguard founder John Bogle and other fiduciary advocates lead a month of lobbying and awareness raising.
In a Watershed Year for Fiduciary Standard, Reviewing the Arguments
At the start of Fiduciary September, a reminder on what’s at stake for advisors and investors. Is it time for a feistier fiduciary standard?
DOL Pressing Forward on Fiduciary
According to the Semiannual Regulatory Agenda for the Department of Labor’s Employee Benefits Security Administration, a reproposal to amend the definition of fiduciary under the Employee Retirement Income Security Act (ERISA) will come in October.