More so than most other legislation, the 849-page Dodd-Frank Wall Street Reform and Consumer Protection Act reached the president's desk on July 21, 2010, as a work in progress.
Bill should be good news for FAs who work with state and federal agencies; FSI lauds passage
Sponsors of legislation that would limit on the federal levy on investment income at 15% are confident of strong support in the House. The Senate is another matter, however.
The number of investment advisers registered with the Securities and Exchange Commission has fallen for the first time in 10 years, while the assets that they manage have increased sharply, according to a report released last week
Rep. Spencer Bachus, chairman of the House Financial Services Committee, wants to overhaul the SEC and delay the fiduciary rule.
Advocates of extending fiduciary duty to cover more financial advisers had their hopes dashed last week — at least temporarily — as the two federal agencies that have been considering such a rule acknowledged that no action will be taken this year
Commission looks to smoke out exaggerations about education, AUM; 'unlikely to graduate to larger frauds'
Many investment advisers are busily preparing for the upcoming switch from SEC oversight to state regulation. But one compliance expert believes enforcement will drop off dramatically after the hand-off, and in some states, advisers won't even face examinations. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110923&Category=FREE&ArtNo=923009999&Ref=PH>The 10 states with the most CFPs</a> | <b>Comp</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110923&Category=FREE&ArtNo=923009998&Ref=PH>What top RIA execs make</a>
Among other things, NAPA to fight to keep tax breaks for retirement savings
