During hearing, several bills affecting advisers and brokers receive initial Senate consideration.
Other seven-figure earners include top executives at ICI, SIFMA.
NASAA asserts industry support of proposal proves it needs to be beefed up.
Investment advisers might assert unfair competition if 'best interest' and 'fiduciary' terminology merge while standards differ.
The trade association representing major brokerage firms spent $6.6 million in 2018.
Investor advocate calls insurance proposal weaker than existing broker suitability standard
CEO Geoffrey Brown: 'The SEC's proposal is misleading and confusing for consumers.'
These next-generation leaders are raising their voices and gaining influence over financial advice regulation and legislation.
Investment Adviser Association works to preempt bias toward passive funds in retirement legislation.
Tackling growing loan burdens sparks bipartisan interest on Capitol Hill.
