SEC calendar says issue date for controversial proposal 'to be determined'; year anniversary fast approaching
Commission still working on plan that would provide capital buffer for money market funds; torn on floating NAVs
Also believe it's Uncle Sam's job to protect investors from fraud
House bill likely on fast track; McHenry provision would greenlight online fund-raising
Finra backs off social media regs, also aims to hike transaction fees; Congress extends payroll tax deduction - and a millionaires' tax continues to bounce back after multiple rejections. More on these recent developments and other key happenings on The Hill that will impact financial advisers.
Legislation that would allow companies to raise capital online in increments of up to $10,000 per investor sailed through the House in early November by a 407-17 vote.
Gallagher says some larger funds should not be subject to new registration rule; Plaze says exemptions will be rare
Administration's proposed budget would boost funds for SEC; more examiners, more exams
A last-minute effort by three senators to add what they call crucial investor protections to a bill designed to help small companies raise capital fails to address worries by state regulators that states will be prevented from reviewing securities offerings made over the Internet.
