Most SEC rule proposals under Chairman Gary Gensler have had only 30-day comment periods, said GOP Rep. Patrick McHenry and Sen. Patrick Toomey.
Scams involving self-directed individual retirement accounts are another area of concern, according to an annual survey by the North American Securities Administrators Association.
Both the Labor Department and the SEC are working on proposals whose thrust is to encourage the use of ESG factors, an abrupt reversal of Trump administration policy.
If Congress finally comes to an agreement on the bill, some provisions could be retroactive. The state and local tax deduction hangs in the balance.
Elliott, president of Grid 202 Partners, an RIA in Washington, D.C., takes on the role as the organization has been promoting diversity in the financial advice profession.
The decision by Finra arbitrators is another win for advisers who say the firm owes them money after an October 2015 decision to shut its U.S. private bank.
Republican commissioners have criticized SEC Chairman Gary Gensler's expansive agenda.
Jacob Wagner and Natalie Wagner Willis are carrying on their late father Dick Wagner's work on finology, which examines a person's internal relationship with money.
The New Year may not be so happy for firms that employ a high number of registered reps with disciplinary histories.
LPL, Wells Fargo and three Advisor Group firms avoided penalties for 'extraordinary cooperation' with Finra's investigation.
