Labor Secretary finds no legal basis to delay implementation; rule to become applicable June 9
Sens. Murray, Warren, Booker and interest groups say that the labor secretary has only met with opponents of the regulation.
Opponents cite new evidence of harm to small account holders
CEO Robert Cook responds to concerns he's hearing during listening tour, Finra360 initiative.
Senate Banking Committee chairman says regulatory burden 'is becoming as big an issue as the tax code.'
Says fiduciary rule will become the 'way business is done' — even if it is repealed.
Financial advisers can keep clients out of firing line by confirming they're alive.
In a conversation with Sen. Tim Scott, Mr. Acosta reportedly said he's been in communication with the White House and "recognizes the urgency of the situation."
Regulatory board moves to toughen penalties for advisers with certain past infractions and those who welch on payments owed to investors.
The fee schedule, developed by state regulators and other groups, details account maintenance and cash management charges.
