Chairwoman says agency is considering augmenting adviser exams with third-party audits.
The agency's Investor Advisory Committee recommends making it easier for investors to track securities violations by advisers and brokers, regardless of who regulates them.
Republicans stand alone as a barrage of letters flood Capitol Hill aimed at stalling the pending rule – at least, for now.
Rep. Ann Wagner says proponents are 'offering a solution in search of a problem.'
Former Wells Fargo Advisors broker charged with stealing nearly $89,000 and using it for personal expenses.
Consumer groups say the agency has been preoccupied with market issues to the detriment of the public and needs to tighten adviser oversight.
Secretary Perez has confidence his agency will complete work on the rule before Obama's term ends.
SEC chairwoman says she will push the agency this year to make a decision on whether to raise investment advice standards for brokers but once again declined to provide a timeline.
Corporate-only tax reform faces resistance for leaving out sole proprietorships, partnerships, LLCs and S corporations.
Acknowledging that more stringent requirements could help protect investors, advisers nevertheless raise concerns about costs.
