They're willing to pay a little extra for it, too.
In prepared testimony slated for Friday, the Finra CEO says he will not move forward with the regulator's plan for a new data collection system until all industry concerns are addressed.
Brokers like to complain about Finra exams. Now they have a chance to tell the organization exactly what they think — anonymously.
Rep. Scott Garrett, the chairman of a House Financial Services subcommittee, calls Finra's data-collection proposal 'costly and burdensome.'
Despite Republican takeover of Senate, disparate goals of lawmakers may make progress hard to come by.
If IRS Commissioner John Koskinen could set the agenda for the upcoming lame-duck session of Congress, he would make renewal of dozens of expired tax breaks the priority. If Congress doesn't act before the end of November, filing season could be postponed, giving taxpayers a big headache.
With Senate control at stake in tomorrow's election, interest groups representing the brokerage and insurance industries are spending substantially more than financial adviser groups, and are adding to their lead.
Approval of annuities in 401(k) target date funds, including as a default investment, will make lifetime-income features more popular.
Investment advisers optimistic that Republican takeover of the Senate will create a better political atmosphere.
Head of the agency's Division of Investment Management will leave before the end of the month
