Morningstar Launches Best-Interest Tool to Help Advisors Explain Rollovers
The Best Interest Scorecard is intended to help advisors explain portfolio and service offerings.
FINRA Regulatory Chief Axelrod to Depart
After 28 years at FINRA and its predecessor, Susan Axelrod will step down.
Rep. Wagner Brings Back Taxpayer ID Theft Protection Act
Bill would allow anyone an IP PIN, which provides taxpayers another level of security, Wagner said.
Republican Fissures Will Keep Getting Wider
Jeff Flake has been voting with his party 93% of the time.
Who Wins, Who Loses in Defeat of the CFPB Anti-Arb Rule
Like many battles in Washington these days, the Senate vote against the CFPB rule pits consumer groups against financial institutions and their representatives.
Watchdog Group Sues DOL Over Fiduciary Rule Documents
The group, American Oversight, is suing Labor for not responding to its FOIA request to release “relevant documents” about its fiduciary rule.
Senate Votes to Kill CFPB Anti-Arbitration Rule
The rule is aimed at making it easier for customers to sue banks. Vice President Pence cast the tiebreaking vote.
SEC Nominees Say Fiduciary Rule Isn’t Top Priority
Meanwhile, Chairman Jay Clayton signaled at a SIFMA event that SEC’s rule would not supplant DOL’s.
Senate Preparing to Overturn CFPB Anti-Arbitration Rule
The House has already voted to void the CFPB rule, and the Senate could vote as early as today or tonight.
Lawmakers ‘Taking a Fresh Look’ at Savings Vehicles in Tax Reform
In the tax package, “you’re going to see more incentives for more Americans to save,” Ways and Means Chairman Kevin Brady said.