Some believe it will curtail momentum the president had established on health care bill and tax reform.
Some arguments against the programs appear flimsy when examined closer.
The fee schedule, developed by state regulators and other groups, details account maintenance and cash management charges.
David R. Humphrey also settled parallel civil charges with the SEC and will pay more than $108,000 in penalties.
Some opposed to state-run retirement plans argue that these types of plans should be handled by the private sector rather than the government.
Because of the fiduciary rule, broker-dealers are looking to have level compensation across their platforms.
The new health care bill and a move to limit retirement savings will both hurt those trying to prepare for retirement
ICI chief executive Paul Schott Stevens is the latest to telegraph the route the financial industry wants the agency to take.
President Donald J. Trump plans to host a series of listening sessions on the tax plan.
Firm takes action against former advisers for allegedly violating terms of promissory note
Senators seem intent on writing their own bill, a process that could delay a final law until the end of the year.
Paul Schott Stevens says prospects for a delay are 'uncertain' and that the rule 'is already causing great harm.'
The DOL rule that requires acting in clients' best interests will apply to these accounts.
If signed by the president, as expected, the resolution likely would have a 'chilling effect' on development of such retirement plans by states, due to the loss of the ERISA exemption.
The group also will mull amendments to arbitration procedures.
The Financial CHOICE Act also makes substantial changes affecting many regulators, including the Securities and Exchange Commission.
Says advisers working at a credit union misled investors on how they were paid
More than two hours of debate brings up old arguments from both Democrats and Republicans over whether rule will help or hurt the middle class.
A third-party review found that 200 clients from the New England state bought nontraded REITs that violated LPL's guidelines and are eligible for an average of $40,000 apiece.
Jesse Joseph Holovacko took $255,000 from client IRA claiming to buy bonds.
