Former Senator Calls on Congress to Investigate ‘Flash Crash’
Former Sen. Ted Kaufman, D-Del., and Dennis Kelleher, CEO of Better Markets, are urging Congress to create an independent commission to investigate the 2010 crash.
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).
Fiduciary Practices Front and Center at fi360 Conference
Discussion at fi360 centers on fiduciary movement and possible extension of fiduciary standard in the 1940 Act
At fi360 Meeting, Blaine Aikin Thanks SEC for Goldman Suit
Discussion at fi360 centers on fiduciary movement; will the '40 Act fiduciary standard be extended by Congress?