SEC chairman Clayton says the agency will come to an agreement with the industry over what information to collect on equity trades.
Republicans assert bill would simply delay the new rule.
SEC chairman says guiding principle should be: 'What would a reasonable investor expect?'
Regulator's CEO says the agency has "extra cash in the till," referring to excess reserves to fill any shortfall.
Former brokers bringing charges related to stock losses during financial crisis have had 15 cases proceed, 4 stopped so far.
Investment Management director Dalia Blass says current rule disconnected from way world works.
At subcommittee hearing Thursday, congress members express concerns about investor protection under agency's advice reform proposal.
Board says the measures will be published for comment 'soon.'
Supporter praises state for stepping in where federal regulator falls short.
Life insurance organization argues automatic plans would be 'marketplace solution,' not big government.
