Securities and Exchange Commission steps up information collection to augment risk analysis.
More than half of respondents to <i>InvestmentNews</i> poll say their confidence has dropped since start of term. Supporters give him partial credit for market uptick.
Chief regulator is confident two agencies could reach 'common ground' on an investment advice standard across all accounts.
Michigan Democrat resists ripping up DOL fiduciary rule but would be open to some changes.
ICI, Chamber of Commerce among groups asking for delay, while Democratic lawmakers call on DOL to keep to its earlier planned schedule of Jan. 1, 2018.
Measure likely to continue in partisan advance in House, but could stall in Senate.
Board advances proposals to amend membership applications to allow the regulator to scrutinize troubled brokers, pending monetary awards.
One is a vote on a bill to kill Labor's rule and replace it with a disclosure-based best-interest standard, while the second is legislation to prevent funding for enforcement of the regulation.
Both sides claim they're doing what's best for the average investor.
Bill's sponsor, Republican Rep. Ann Wagner, still hopes to get bipartisan support.
