Lawmakers: SEC Failed to Analyze Volcker Rule, Broke Federal Law
A congressional hearing on Wednesday focused on the unintended consequences of the Volcker Rule.
SEC Issues Guide on Muni Advisor Registration, Extends Compliance Deadline
Among other matters, the guidance clarifies that advisors using swaps or security-based swaps in municipal entity portfolios do not have to register as municipal advisors.
Sallie Krawcheck: How to Increase Your Firm’s Diversity
Hiring multicultural advisors is good for clients and firms, an Edward Jones Survey found. But how do you cultivate diversity? Sallie Krawcheck offers concrete steps.
In Surprise, Helck to Retire From Raymond James
The head of private client operations and former SIFMA chairman will step down in February after 25 years with the firm.
DOL Seen as First Mover on Fiduciary
The SEC will let the DOL move first in releasing its fiduciary redraft, which the DOL said won’t come until August, two industry officials predicted.
SIFMA Chief Gregg Steps Down
Former Sen. Judd Gregg cites “personal need to spend less time commuting to Washington from New Hampshire and slowing a hectic schedule."
DOL to Be First Mover on Fiduciary, Industry Watchers Say
DOL’s rule will be a “stronger rule,” and it will “bolster” the SEC’s rule, an AARP lobbyist told ThinkAdvisor.
SEC Investor Advisory Committee to Vote Friday on Fiduciary Plan
SIFMA director Kevin Carroll says some of the recommendations of Barbara Roper's investor committee are "incongruous" with Dodd-Frank's intent.
Americans to Congress: Hands Off Our Retirement Accounts
A survey released by the Coalition to Protect Retirement found 87% of Americans think retirement accounts should be “off limits” to Congress.
SIFMA Launches Investor First Initiative; CEO Gregg Says SEC Should Go First on Fiduciary
The “Our Partnership with You” initiative is designed to help investors “get the most” out of their relationship with their advisor.