A group of big companies release an economic study aimed at preserving tax incentives, which may be on the table during budget negotiations on Capitol Hill.
Estimates range from $5,000 to $20,000; sharp opposition to Finra getting involved.
Under Mary Jo White, agency is more prone to launch disciplinary action to correct violations than in the past
Broker-dealer regulator promises to modify rules after survey identifies 'pain points'.
Major Wall Street interest group cites cost, regulatory creep and impact on civil liberties in attack on Finra's data-gathering proposal.
House has the upper hand on the Senate over tax reform
In a letter to SEC chairman Mary Jo White, two key House Republicans outline opposition to having RIA pay for SEC exams; tell her to reallocate resources to boost exam record
IBD organization expresses suitability concerns with regulator's proposed data-collection system and predicts cost of $250,000 to $1 million — with ongoing maintenance above that.
Opponents like SIFMA and FSI remain wary of the potential costs, customer data security, but Finra asserts that CARDS will help investors.
An added function allows the exporting of first-degree connections, endorsements, comments made in groups and other LinkedIn content.
