Cassie Miller

Once SECURE, Retirement Bill Now In Limbo

It was supposed to be an all-in, surefire thing back in May when the Setting Every Community Up For Retirement Enhancement Act passed the House of Representatives in an overwhelming 417-3 vote of support. Proponents of the bill had hoped for a quick passage in the Senate, but two months later, the proposed retirement legislation seems destined to hang in limbo for the remainder of the summer due to a Republican hold on the bill in the Senate and the budget agreement closing off additional measures.

Implementing Reg BI: What Advisors And Their Firms Need To Know

The new law of the land is layered and its potential impacts, numerous. The fiduciary governance experts over at Stradley Ronon Stevens & Young said firms and advisors need to be well-informed and proactive to make sure they’re Reg BI-ready come next year.

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House OKs Bill That Blocks Funding For Reg BI

By a 227-200 vote, the U.S. House of Representatives today approved a package of amendments to HR 3351, the Financial Services and General Government Appropriations Act, that includes a provision to prohibit the U.S. Securities and Exchange Commission from implementing or enforcing Regulation Best Interest.

Waters Tries Blocking Reg BI Funding With Amendment

Rep. Maxine Waters is pushing an amendment to block funding that the Securities and Exchange Commission needs to implement its newly enacted Regulation Best Interest rule. The House Rules Committee last night accepted the amendment for House floor consideration.

Love It Or Hate It, Reg BI Is Here

Just one year after the Department of Labor fiduciary rule was vacated, the financial services industry is again reeling and rejoicing (depending on where you are in the industry) after the Securities and Exchange Commission’s approval of Regulation Best Interest and its subsequent rulings.

SEC Adopts Regulation Best Interest In 3-1 Vote

The three-fold rulemaking package, which debuted last April went up for a vote this morning as Chairman Jay Clayton and Commissioners Elad Roisman, Robert Jackson, Jr. and Hester Peirce gave their final thoughts on the matter before the vote.

SEC To Vote On Best Interest Rule

The Securities and Exchange Commission is voting tomorrow on a three-part rulemaking package containing regulation best interest.

Are Millennials ‘Financially Fragile?’

The rising cost of living and cost of education has changed the financial landscape for millennials. But there’s more for advisors to understand when it comes to millennials and financial fragility.

Five First Ladies Of Finance

March is Women’s History Month. As such, it’s the perfect time to celebrate the historic women who paved the way for all of the women currently working in the financial services industry by acknowledging the triumphs and obstacles they faced and sharing their stories.

Government Shutdown Could Delay REG BI Rollout

Despite much speculation from various industry sources saying that the SEC could have a final Regulation Best Interest rule as early as the first quarter, no one knows when in 2019 to expect the final ruling. The government shutdown has likely put work behind schedule and little is getting done, analysts say.

Top 10 Financial Articles Of 2018

There’s been no shortage of financial news in 2018. From the SEC’s Regulation Best Interest to the ups and downs of the stock market, here are the best AdvisorNews articles of 2018.