SEC Funding Boost ‘Not Going to Happen’: SRO Bill Co-Sponsor
Opponents of Rep. Spencer Bachus’ bill calling for a SRO to oversee advisors had their hopes that the SEC would receive a boost in funding in order to thwart an SRO quashed on Wednesday.
One Cheer for NAIFA
The battle for the fiduciary standard in financial reform legislation took an unexpected turn a couple weeks ago. The National Association of Insurance and Financial...
The B Team: Insurers Delay Fiduciary Standard
It seems I may have been a bit hasty in my assertion that SIFMA was behind the amendment by Senator Tim Johnson (D-South Dakota) that...
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.