Retained Asset Accounts Is Focus of Senator Shelby's September Hearing
NAIC working group releases consumer alert on the accounts.
Senate Passes Landmark Financial Services Reform Bill
The Senate passed Thursday, July 15, the massive 2,300-page financial services reform bill; the bill now goes to President Obama for his signature, which is expected in the coming days.
SENATE PASSES LANDMARK FINANCIAL SERVICES REFORM BILL
Bill heads for President Obama's signature; the $19 billion Wall Street reform will be covered by ending the Troubled Asset Relief Program (TARP) and by charging an extra premium to large banks by the Federal Deposit Insurance Corp. (FDIC).
Next Steps for Congressional Action
As Investment Advisor went to press in mid-May, lobbyists and Congressional staffers were optimistic that the Senate would finish a vote on Senator Christopher Dodd's...
Dodd Bill Cloture Vote Fails in Senate; Democrats Will Try Again Thursday
The cloture vote failed in the Senate on Wednesday, May 19, as Democrats did not garner enough votes to finish debate on Senator Christopher...
Cloture Vote Fails in Senate on Dodd Bill; 2d Vote Expected Later in Week
Senate Republicans block debate on the financial services reform bill April 26, the GOP also vowed the same day to introduce an alternative financial services reform bill. A second vote is expected this week following more negotiations
Washington Watch: The Shape of Reform Begins to Sharpen
[Editor's Note: Since the April issue of Investment Advisor went to press, Senator Chris Dodd's financial services reform bill has advanced in the Senate. Visit...
Washington Watch: Dodd Says Act Now on Financial Reform
As Washington lay blanketed in more than two feet of snow last month, lawmakers in the Senate were still busy trying to crank out a...
Shelby Reportedly Rejoins Financial Services Reform Talks
Dodd, Corker, Shelby expected to release revised bill next week
Washington Watch: Fiduciary Wrangling Resumes
The fiduciary battle is kicking into high gear. Advisor trade groups as well as state securities regulators and investors rang in the New Year by...