Prospect of regulation by brokers' regulator does not bother existing sites, which have conducted crowdfunding for accredited investors for some time.
A group of eight senators wrote the SEC, saying it was concerned that it was taking so long to write rules to implement part of the JOBS Act that allows small companies to raise capital from investors online.
Finra is considering raising the fees related to pursuing an arbitration claim against a brokerage firm in order to increase the pay for people who hear the cases.
Issue criticized by brokers back on agenda after July bump.
The Investor Advisory Committee gives the SEC two options for a uniform standard for advisers and brokers.
But critic says trade group's initiative could mislead investors.
At least two large industry groups have told the SEC that fiduciary standard harmonization would cost firms a lot of money. In a comment letter released today, the FPC offered a slightly different take.
Room for wiggle appears to be shrinking as board sticks to its guns.
Effort to thwart Dodd-Frank provision has prompted White House veto threat.
In a session Tuesday at the Securities Industry and Financial Markets Association's annual conference in New York, Mary Jo White reiterated that the SEC examines annually just 8% of its nearly 11,000 registered investment advisers.
