Displaying 268 results
SIFMA says Reg BI raises broker standard above investment adviser requirements
Investor advocate Roper: SIFMA wouldn't support SEC proposal if it reformed broker practices
Wall Street banks to get fee cut from top lobbying group
SIFMA looking to streamline operations, save millions.
DOL likely to address fiduciary rule again next year
Agency to consider 'regulatory options' by September, same deadline for SEC's advice rule.
SEC chairman Jay Clayton calls for end to broker sales contests
Top regulator says such incentives prevent brokers from acting in clients' best interests.
Deluge of comment letters to SEC shows usual split on raising broker standards
Industry groups support SEC advice rule proposal, investor advocates call for overhaul.
SIFMA: Regulation Best Interest raises bar on investor protection
SEC advice rule proposal puts regulators, industry, investors in much better starting position than where we ended with DOL fiduciary rule.
Better Markets blasts Finra’s proposal to strengthen supervision of high-risk brokers as too weak
Financial reform group calls on regulator to make more fundamental changes.
AI, blockchain take center stage at SIFMA fintech event
Developers demonstrated real-life use cases showing how firms can deploy the next-gen technology.
Should investment advisers be put on a pedestal when it comes to advice standards?
Former SEC chairwoman Elisse Walter says their fiduciary duty is largely about disclosing conflicts, not eliminating them.
SEC advice rule: Industry, investor advocates split
At SEC meeting, both sides say agency must better define what 'best interests' means.
SEC advice rule concerns raised by Schwab, AARP
For different reasons, each says client-relationship-summary disclosure is flawed.
Interest groups split on delaying comments for SEC advice proposals
Consumer, adviser advocates want to see results of investor testing first, but SIFMA says stick with original Aug. 7 deadline.
Justice Department lets deadline to defend DOL fiduciary rule pass. What’s next?
The DOJ had until Monday to appeal a split decision in the 5th Circuit Court of Appeals that struck down the regulation. Does that mean it's dead?
SIFMA issues guidelines for using data aggregation
The principles are designed to allow safe access to financial data and ensure that aggregators follow the same security standards as financial institutions.
Sneak peek at new SEC advice standard sparks hope, concern
Investor advocates and industry representatives are both hopeful and concerned after studying overview of proposal slated for release on April 18.
‘Best interests’ and ‘fiduciary’ aren’t the same, so which will the SEC choose?
It could become a flash point that goes beyond semantics.
CFP Board expands fiduciary duty for financial advisers
New rule, effective in 2019, requires best-interest standard in all aspects of financial advice.
Finra looks to streamline broker-dealer exams
CEO Robert Cook says three examination teams may be consolidated.
SEC forging ahead on fiduciary rule despite DOL rule decision in 5th Circuit
Chairman Jay Clayton says 'the sooner the better' when asked when an SEC fiduciary rule will be ready.
DOL fiduciary rule likely to live on despite appeals court loss
Future developments will hinge on whether the Labor Department continues the fight to remake the regulation its own way.
