New House Bill Suggests ESG Is to Blame for Underfunded Pensions
While focused on eliminating consideration of ESG factors in fiduciary investment decisions, the legislation also requires a study of public...
Tag: broker/dealer
Swing Pricing Proposal Should Be Defunded, House Republicans Say
The chairman of the House Committee on Financial Services, Patrick McHenry, says the swing-pricing rule would hurt investors, especially because...
Congress, SEC Plan Separate Expansions of Electronic Disclosures
Bipartisan legislation and an SEC proposal would make electronic disclosures under securities laws much more commonplace.
ICI Argues Intermediary-Driven Fund Disclosure System Is Flawed
ICI draws the conclusion that this system means fund shareholders are paying higher costs than is strictly necessary.
Testing of SEC Adviser Relationship Summary Form Yields Troubling Results
A group of investor advocacy organizations is calling on the Securities and Exchange Commission to significantly revise its adviser customer...
Appeals Court Rejects AARP, State Arguments to Revive DOL Fiduciary Rule Process
The decision puts another layer of finality on the fate of the now-defunct Department of Labor fiduciary rule expansion, meaning...