New DOL Fiduciary Rule Will Hurt Retirees, Panelists Say
While consumer advocates favor compelling brokers to act in a client’s best interest, much of the financial lobby is dead-set against them.
House Delays Vote on Bill to Fund Government, SEC
Vote delayed to discuss anti-ISIS funding for Syrian rebels; SEC's White tells Senate of the "immediate and pressing" need for funds for advisor exams.
U.S. Sleeps as 9/11 Approaches: News Analysis
History suggests that an environment of growing threat and shrinking resolve provokes our enemies.
Social Security Disability Fund Teeters on Brink of Broke
Social Security's chief actuary warned senators that the disability trust fund needs help "soon" or reserves will run out in 2016.
House Passes Legislation to Encourage Charitable Giving
The America Gives More Act would make three expired "tax extenders" permanent and has two other provisions.
House Bar on SEC Fiduciary Rule Likely DOA in Senate
It's “unlikely that the Senate will agree” to prohibit the SEC from making a uniform fiduciary rule, says IAA's David Tittsworth.
Obama Threatens to Veto Bonus Depreciation Extension
Bonus depreciation was “never intended to be a permanent corporate giveaway,” the Obama administration said as the House passed a bill to make it permanent.
Andy Friedman: Why Tax Reform’s Not Happening Anytime Soon
The Washington Update's Andy Friedman explains the principles and high political hurdles to comprehensive tax reform, last achieved in 1986 under President Reagan.
House Appropriations OKs Smaller SEC Budget Boost Despite Complaints
Committee votes to give the SEC a $50 million budget boost, not the $350 million requested by Obama.
FPA Steps Up Lobbying Game With First ‘Advocacy Day’
FPA is pushing for a user-fees bill and trying to "establish relationships" with lawmakers.