DOL Urged to Hold Off on Proposed Fee Guide
A group of business organizations turned up the heat this week in its campaign against a proposed DOL fee disclosure guide.
SEC Needs More Funding to ‘Solve’ Advisor Exam Deficiency
While there “may be ways” that the SEC can reallocate its existing resources to accommodate a higher advisor exam rate, the SEC “cannot solve this [exam deficiency] problem without additional resources from Congress."
Investors Say No to FINRA’s CARDS Plan
"Data from this survey reveals that investors have serious concerns about the CARDS proposal and the risks such a system could pose to their privacy," says SIFMA CEO Bentsen.
SIFMA Chief Slams CARDS Plan
At a press briefing, SIFMA President and CEO Ken Bentsen Jr. didn't mince words when it came to FINRA's controversial data collection plan.
FINRA Responds to SIFMA's Latest Critiques of Proposed Data System
Industry trade groups raise fresh concerns with latest plan to collect broker-dealer account data through Comprehensive Automated Risk Data System.
Fiduciary Rule Among SEC’s 2015 Priorities
The SEC plans to evaluate staffers' recommendation to consider a uniform fiduciary standard, among other Dodd-Frank related matters.
SEC’s Enforcement Division ‘Here to Stay’ in Muni Bond Market
It’s been a year of many firsts for enforcement and regulation in the municipal bond market, which has previously received little attention, says SEC’s Ceresney.
Are Changes Coming to FINRA Exams?
At SIFMA annual, CEO Richard Ketchum says FINRA is anonymously surveying brokers about its exam program.
SEC’s White to Provide ‘Clarity’ on Her Fiduciary Stance
Where does SEC Chairwoman Mary Jo White stand on a uniform fiduciary rule? No one knows, but that may soon change.
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.