Bill proposed by former broker passes key committee, would raise competition with Morningstar.
Pressure from the financial industry and lawmakers pushed Labor Secretary Thomas Perez to give more time for comments on the agency's fiduciary-duty proposal, but the extension is far short of what the groups wanted.
With talk she'll announce her candidacy this weekend, questions arise about Ms. Clinton's take on fiduciary standards in advice, and what her tax policies and SEC budget would look like.
SEC Chairwoman Mary Jo White jump-started a controversial move to expand the agency's coverage of registered investment advisers: farming out exams to the private sector.
But guidance on using in-house judges versus federal court falls short, lawyers say.
Proposal means to counter DOL fiduciary duty with an amended suitability standard.
Critics say promoting database is worthwhile, but that it doesn't have enough information for investors.
Bill that would help agents practice in multiple states moves to president's desk.
Sen. Reed proposes extending the statute of limitations on securities law violators from five years to 10.
Brokers would be able to conduct continuing education online rather than having to go to a test center.
