As she enters what could be her last year as chairwoman of the SEC, experts grade Mary Jo White's performance.
Candidate says clients and constituents, virtually unfazed by recent market turbulence, need a level playing field for financial advice.
A letter to Democratic colleagues warns against riders attached to spending bills in upcoming budget negotiations.
Chairwoman tells lawmakers agency will proceed at own pace, separate from DOL, on raising investment advice standards.
Amendments would answer some of the criticisms against use of in-house judges versus federal court.
Expect language that would brighten the line between education and advice, and expand the list of permissible assets for retirement plans, to name a few.
Politico reports the measure will move to the Office of Management and Budget by Jan. 31, setting the stage for finalization.
Lawmakers could write legislation within days — and attach it to a must-pass spending bill — that would replace the Labor Department's pending rule to raise investment advice standards for retirement accounts, effectively killing it.
Ten representatives send letter calling on the agency to fix problems with exemptions for compensation practices and investor education.
