The Department of Labor’s proposed 60-day delay of the fiduciary rule’s implementation garnered 565 comments from people pushing for and against the delay.
March 17, 2017 | 02:51 pm
President Donald Trump has promised to reduce regulation and weaken the U.S. dollar, leaving some to question what the impact will be on direct lending in the U.S.
March 16, 2017 | 12:01 am
President Donald Trump will nominate J. Christopher Giancarlo as chairman of the Commodity Futures Trading Commission and James Donovan as deputy treasury secretary.
March 15, 2017 | 12:49 pm
Financial industry groups and the U.S. Chamber of Commerce filed for an emergency injunction to delay the Department of Labor's fiduciary rule.
March 14, 2017 | 03:57 pm
U.S. money managers surveyed by Greenwich Associates expect to cut a combined $200 million from their research budgets in the next 12 months as a result of the European Union’s MiFID II...
March 14, 2017 | 01:00 pm
The Federal Reserve Bank of Atlanta says its next president will be Raphael Bostic, a professor at the University of Southern California who will become the first black person to lead a regional Fed...
March 13, 2017 | 02:02 pm
No country on the planet has a better-funded pension system than Denmark. So when its life insurance industry encounters some hurdles, it's worth paying attention.
March 13, 2017 | 11:49 am
The definition of fair value remains unchanged, but robust fair value measurement remains an evolving global topic. The trend is toward higher quality, greater consistency and better transparency.
March 13, 2017 | 06:00 am
The Department of Labor on Friday issued a temporary enforcement policy for the fiduciary rule, originally scheduled to take effect April 10, to address concerns about a possible delay.
March 10, 2017 | 05:28 pm
Jay Clayton, the nominee for SEC chairman, pledged to recuse himself from matters involving clients of his law firm and divest his investments within 90 days of confirmation. Alexander Acosta,...
March 09, 2017 | 03:53 pm
The U.K.'s financial regulator is prepared to intervene in the money management industry should industry-led attempts to deliver greater cost transparency not measure up.
March 09, 2017 | 02:51 pm
The SEC on Tuesday approved ETF rule changes proposed by Bats’ BZX Exchange to create additional listing standards and procedures for delisting of non-compliant companies.
March 08, 2017 | 04:13 pm
The government should make it easier for U.K. defined benefit funds to merge into a new type of superfund, or to consolidate some or all services.
March 07, 2017 | 02:03 pm
Senate Finance Committee Chairman Orrin Hatch, R-Utah, introduced resolutions Monday that would block Department of Labor safe-harbor rules for states' private-sector retirement savings programs. The ...
March 06, 2017 | 05:15 pm
The Department of Labor's landmark fiduciary rule is being delayed until early June, with the prospect of indefinite limbo increasingly likely.