They face the challenge of asking for the order from the same judge who ruled against every claim in their lawsuit.
The award cited unsuitable investments made in energy and housing products.
Sen. Elizabeth Warren says investors are being taken advantage of by brokerage firms, citing a study that determined the industry failed to pay $62 million in claims in 2013.
Measure, passed by overwhelming House majority last year, gives brokers safe harbor for issuing reports.
Broker-dealer groups endorse the change, saying it would put them on a level playing field with investment advisers.
The House Republican approach kills investment-income levies, but the breadth of coverage could shrink.
The regulator's acting chairman says he prefers that agency employees conduct exams.<a href="http://www.investmentnews.com/article/20170306/FREE/170309954/sec-enforcement-unit-bracing-for-budget-cuts-under-trump" style="color:#b10816" target="_blank">​ <i><b>(More: SEC enforcement unit bracing for budget cuts under Trump)</b></i></a>
After an erratic five weeks in office, Mr. Trump's speech makes him 'more presidential.'
Agency will need more than two months to conduct assessment of regulation directed by President Trump.
