Wall Street Brokers Claim Fiduciary Rule Is Violation of Their Free Speech Rights November 23, 2016 A group of lawyers representing insurance and securities brokerages have made a curious argument for why a federal court should...
Final Retirement Advisor Rule Reflects Some Changes Sought by Industry April 6, 2016 By Margaret Collins and Robert Schmidt U.S. brokers managing retirement accounts must adhere to tough new standards under an Obama administration rule released Wednesday that aims...
Retirement Advisor Fiduciary Rule Expected This Week April 5, 2016 By Lisa Lambert and Tariro Mzezewa The Obama administration will release a long-awaited proposal on retirement advice on Wednesday, according to a person familiar with the...
Chamber of Commerce Vows to Sue Over Retirement Advisor Rule March 15, 2016 The U.S. Chamber of Commerce said on Monday it is prepared to sue the federal government if it finds a...
Senators Hit Firms for ‘Dire Consequences’ Claim on Retirement Advisor Rule February 12, 2016 By Lisa Lambert Two influential U.S. lawmakers on Thursday criticized the financial industry for saying in public that a new rule on retirement...
Obama Administration Advances Retirement Advisor ‘Fiduciary’ Rule February 1, 2016 By Lisa Lambert The U.S. Labor Department on Friday took the next step toward requiring brokers who provide retirement advice to follow a...
Financial Firms Hope to Use Spending Bill to Stall Retirement Advisor Rules December 9, 2015 By Cheyenne Hopkins and Dave Michaels Wall Street may get one more shot to derail rules championed by the White House that would put tighter restrictions...