SEC on a Dodd-Frank ‘Death March’: Gallagher
The SEC has been on a “death march” to finish Dodd-Frank rulemakings unrelated to its core mission, SEC Commissioner Gallagher said Wednesday.
Prudential, MetLife Gain After Senate Eases Dodd-Frank for Insurers
Prudential and MetLife rallied after the Senate approved a bill giving Federal Reserve regulators more flexibility in applying capital rules to the biggest life insurers.
Plaze to Leave SEC as Cross Joins Agency
The SEC announced Thursday that Robert Plaze, deputy director of the Division of Investment Management, is retiring from public service at the end of August while the SEC has named John J. Cross III the director of the agency’s new Office of Municipal Securities.
Crowdfunding: What Could Go Wrong?
Is the JOBS Act’s embrace of crowdfunding a good idea? Is it what Congress meant to protect investors?
Giving to Get?
In a bid to push the deadlocked fiduciary rulemaking process forward, advisory and consumer trade groups that support broadening the fiduciary role for all advice givers made an unusual move in late March.
Dealings With Qualified Clients and Accredited Investors
Depending upon an RIAs business model and investment strategies, it may be important to identify “qualified clients” and “accredited investors.” The Dodd-Frank Act authorized the SEC to change which clients are defined by those terms.
Separate but Equal?
To hear Duane Thompson tell it, now that the Republicans have control of the House of Representatives, a bill authorizing a self-regulatory organization for investment advisors any time soon is unlikely.
Moody’s Downgrades BofA, Wells Fargo & Citigroup
More advisors may feel the necessity to seek independence, as lack of potential government bailouts led to ratings cut.
MSRB Proposes Fiduciary Duty for Municipal Advisors
Proposed rule G-36 flowing from Dodd Frank is designed, MSRB says, to 'put interests of state and local governments first.'
Barney Frank Says Dodd-Frank Is “Holding Up Well”
As anniversary nears, Congressman expresses frustration that GOP is using “deficit crisis to under fund the SEC and CFTC”