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.
Over Half of House Democrats Call for Changes in DOL Fiduciary Plan
A comment letter signed by 96 House Democrats asks for a less prescriptive approach to fiduciary regulation.
Recruiting Roundup: Raymond James Nabs $550M Team From UBS
Meanwhile, U.S. Trust adds four advisors, and Cetera picks up Gough Financial as part of an OSJ.
Bill Halting DOL Fiduciary Rule to Move Ahead
House Financial Services Chairman Jeb Hensarling says he'll advance Rep. Ann Wagner's Retail Investor Protection Act as it "will stop" the DOL's "misguided" fiduciary rule.
Which Wirehouse Tops LPL’s List of Recruited Reps?
The independent broker-dealer is adding a sizable number of teams and advisors from one firm in particular.
New Hire Roundup: Franklin Templeton Adds Macey to Retirement Solutions Team
Meanwhile, UBS welcomes a team of advisors from Morgan Stanley Wealth Management.
DOL Fiduciary Plan Needs Rollover Exemption: Retirement Experts
Lawmakers and ARA say a new exemption is needed so plan advisors won’t be prohibited from helping participants with rollovers.
Democratic Senator Criticizes DOL Fiduciary Rule as Hearings Near
Sen. Claire McCaskill of Missouri says she's worried about access to advice for small investors; Washington Analysis gives its prognosis for the rule.
Valeant Tells Congress a Different Tax Tale Than Investors
The U.S. Senate Permanent Subcommittee on Investigations held its first hearing under new leadership on Thursday with a dive into the U.S. corporate tax code.
Lawmakers Ask DOL to Start Over on Fiduciary Rule
“We feel it is in the interest of our constituents that the DOL repropose this fiduciary regulation,” lawmakers tell Labor’s Thomas Perez.