In a hearing before the House Financial Services committee on Tuesday, Chair Mary Jo White said she supported the idea of compliance reviews for RIAs by third parties to supplement, but not replace, examinations conducted by the...
The Securities Industry and Financial Markets Association on Monday blasted research produced by the White House in its recent efforts to push forward a fiduciary standard for advisors, calling its approach flawed...
Congresswoman Ann Wagner (R-Mo.) pushed back against President Barack Obama and the Department of Labor’s proposed fiduciary standard, proposing a bill aimed at stalling the labor agency until the SEC had a chance to propose its own rules...
Cybersecurity must be a collaborative effort between the industry, regulators and policymakers, the president and CEO of the Securities Industry and Financial Markets Association said Wednesday...
The Financial Planning Coalition is advocating for new regulatory standards for financial planners, but is investor confusion enough to justify more rules in an arguably already overregulated industry?
The Coalition, which is made up of the CFP ...
A senior official with the Securities Exchange Commission told Congress Thursday the regulator may not have sufficient data to move ahead on fiduciary rulemaking, but industry groups aren’t buying it...
Advisor advocates are on the offensive after SEC Commissioner Dan Gallagher’s said the commission should look at the possibility of an SRO (self regulatory organization) to provide oversight of RIAs...
Chair Mary Jo White called the fiduciary standard an “extraordinarily high priority” for the Securities and Exchange Commission, saying it’s her goal to see a decision on whether to impose a uniform standard this year...
