In many cases, financial advisers feel more strongly about keeping a candidate out of the White House than voting one in.
Introduction of bill to kill Treasury's rule curbing tax-planning strategies comes as Hillary Clinton announces an increase to her top estate-tax rate.
Legislation also would require defined-contribution plans to make lifetime income disclosures, and allow small employers to combine plans.
A financial scandal showing harm to the unsuspecting public — even if conducted outside the advice industry — will live on in the minds of voters and politicians.
Deputy assistant secretary Timothy Hauser also says liability exposure is relative to portfolio size, so regulation shouldn't prevent serving clients with modest assets.
Robert Muh prevailed over four candidates vying for the position, including the governor running for reelection, Robert Keenan.
Increasing collaboration is at the top of the agenda for the new president of the North American Securities Administrators Association.
Coordinated exams in 20 states reveal need to improve policies, procedures to protect seniors.
Staff recommendations on a potential rule to raise retail investment advice standards are being considered by commissioners, but a proposal is not imminent.
Measure also contains requirement for SEC to conduct 'rigorous' cost-benefit analysis before proposing its own fiduciary-advice rule.
