Brokerages would have to send an 'educational communication' to investors outlining questions they should ask their broker about compensation and other inducements for switching firms.
Fiduciary legislation could be a part of Congressional negotiations to avoid a government shutdown.
The initiative, signed into law in January, can't get off the ground until the president nominates members to the registry's board.
Ex-Morgan Stanley broker now only has to pay about half of $2.9 million he was originally ordered to pay by Finra arbitrators.
Rules proposed by Finra and MSRB would require brokers to detail the price differences they and the clients pay for corporate and municipal bonds.
The Vermont senator proposed lifting the cap on taxable income for the program.
In a proposal for financial reform released by her presidential campaign Thursday, the former secretary of state implicitly endorsed the Labor Department's proposal to increase standards for retirement advice.
Finra says it is more interested in supervisory lapses, suitability issues with complex products and selling away than big-money fraud.
Percentage of women in Congress similar to their proportion in the advice sector, with plenty of room to grow
