Agency hopes to overcome past divisions on investment advice standard.
Legislation by Rep. Richard Neal would require most small businesses to establish a retirement plan and automatically enroll employees.
Legislation requires brokers to act in the best interests of clients.
Plaintiffs warned the Fifth Circuit that Massachusetts' move against Scottrade signaled that the partially implemented regulation can raise costs for financial firms.
Experts expect more states to follow Massachusetts' lead.
Action of Massachusetts' top regulator shows states can put teeth into a rule under review by the Trump administration.
Brokerage firms would no longer be able to charge reps for supervising nonaffiliated RIAs.
Agency has the ability to detect share-class issues using data-driven initiatives.
Brokerage regulator seeks to involve SEC, Congress in solutions.
Agency also to take close look at Finra, cybersecurity, market structure.
