Despite heavily outspending investment adviser groups on lobbying lawmakers in the second quarter, industry trade associations didn't succeed in a key goal.
Under the SEC, pay-to-play rules kick in for RIAs who contribute to a candidate for office who could influence the selection of an adviser for state accounts.
Attempt to override the presidential veto of an anti-DOL fiduciary rule bill was used to interrupt a protest demanding action on gun-control legislation.
Labor Department's Tim Hauser discusses fiduciary rule's impact on compensation.
Some have a board mandate to shell out more, while others have been encouraged by seeing their donations enhance their lobbying efforts.
Official says few firms are using it, although SIFMA has been a proponent of keeping it alive.
Lawmakers sent a strong signal this week to financial regulators that more investors should qualify to buy unregistered securities.
Chief Judge Barbara M.G. Lynn is expected to issue a summary judgement on three consolidated lawsuits.
Four nominees were announced Friday after qualifying for the ballot.
Survey shows public feels it is on surer footing with expenses and savings, but problems persist for some groups.
