DOL Fiduciary Redraft Still Coming in January: OMB
An update from the OMB shows the DOL still plans a January release, despite speculation to the contrary.
The SEC Is Broken
The Securities and Exchange Commission has three primary mandates: to protect investors; to maintain fair, orderly and efficient markets; and to facilitate capital formation.
New DOL Fiduciary Rule Before Obama Leaves Office? Maybe Not
The neverending speculation about when DOL might finally issue a redefined fiduciary standard came up once again this week at the SPARK Institute conference.
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.
LPL Adds Washington Office; Hires Chief Lobbyist
CEO Casady says "it's crucial" that advisors and the investors they serve "have a voice in the policy discussion at the federal and state level."
U.S. Sleeps as 9/11 Approaches: News Analysis
History suggests that an environment of growing threat and shrinking resolve provokes our enemies.
Is Warren Buffett a Hypocrite on Taxes?
Hold the pickles, hold the lettuce, special tax deals don’t upset Warren Buffett, who's having it his way with the Burger King tax inversion.
Obama Econ Aides Descry Mystery in Workforce Participation Drop
White House advisors point to aging population, cyclical factors and a mysterious third factor, perhaps emanating from the Great Recession, for suppressing employment.
DOL Fiduciary Survey ‘Bogus,’ Advocate Warns Lawmakers
Foes of a revised DOL fiduciary rule are using a survey showing a harmful impact to win senators to their side, an industry official says.
Wall Street's Next Political Storm
Think the fading memory of the financial crisis means Big Finance will take less political heat in the 2016 presidential elections? Think again.