As State Securities Regulators Worry About SEC Funding, Government Shutdown Looms
As state securities regulators gathered at their annual public policy conference in Washington on Monday, the threat of a government shutdown looked imminent.
Sen. Harkin Says Govt. Shutdown Possible; Calls for Year-Long CR
Harkin, Chairman of the Senate HELP Committee, also wants a universal retirement system; Treasury official calls for automatic IRA.
Sen. Harkin to DOL: Hold Retirement Plan Advisors to Strict Fiduciary Rules
Sen.Tom Harkin, D-Iowa, chairman of the Committee on Health, Education, Labor and Pensions, is urging the DOL to hold retirement plan advisors to the highest fiduciary standards.
Senate Mulls Stronger Oversight of Pension Benefit Guaranty Corp.
Sen. Harkin: A recent IG report "raised serious concerns about whether PBGC would be able to cope with a sudden influx of pensions brought on by a new economic crisis."
House, Senate Agree to Retain State Oversight of EIAs
House conferees agreed Thursday, June 24, with the Senate in passing the amendment offered by Senator Tom Harkin's (D-Iowa) which retained state regulation of equity-indexed annuities (EIAs).
In Reform Bill, Fiduciary Duty, EIA Regulation Face Vote on June 22
As the Senate and House conferees get back to work on Tuesday, June 22, the critical vote on whether to apply a fiduciary standard to brokers is expected.
Feinstein Seeks Increased Authority for CFTC and F
WASHINGTON (HedgeWorld.com)--Sen. Dianne Feinstein (D-Calif.) formally launched another effort to regulate the trading of energy derivatives. Ms. Feinstein is the sponsor of S. 509, the Energy...
Renewed Effort to Re-Regulate OTC Trades Concerns
NEW YORK (HedgeWorld.com)--The International Swaps and Derivatives Association announced that it is prepared again to fight efforts to expand regulatory oversight of energy derivatives transactions,...