Fiduciary standard back in play in Dodd reform bill
A uniform fiduciary standard for all providers of advice is back on the table in the Senate. Supporters, including financial planners, said Friday, April 30, that...
Sens. Akaka/Menendez Press to Include Fiduciary Duty for Brokers in Final Reform Bill
Investors and consumer groups urging Senate to co-sponsor Akaka/Menendez provision
Dodd Bill: Industry Groups See Worms In That Can
The Restoring American Financial Stability Act of 2009 discussion draft is long enough to have room for many troubling provisions, insurance industry Congress watchers say.
Ratings Agencies Culprits in Subprime Fiasco
The nation's credit ratings agencies did indeed have a role to play in the subprime lending fiasco, members of the Senate Committee on Banking, Housing and Urban Affairs said during a hearing September 26.