Barney Frank

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  House GOP Rejects Frank Measure for SEC Funding Boost

  By Melanie Waddell, AdvisorOne  |  March 7, 2012

  Republican members of the House Financial Services Committee rejected, 25-17, an amendment introduced by Rep. Barney Frank, D-Mass., that called for approving President Barack Obama’s proposed budget increase for the Securities and Exchange Commission in 2013.

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  Bill Forcing SEC to Parse Costs of Rulemaking Advances in House

  By Melanie Waddell, AdvisorOne  |  February 17, 2012

  The SEC, in a bill introduced by Rep. Scott Garrett, R-N.J., and in accordance with Obama’s executive order, would have to conduct robust cost-benefit analysis on each new rule.

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  Dodd-Frank Imperfect, but ‘We’re Still Better Off’ Because of It: Sheila Bair

  By James J. Green, AdvisorOne  |  February 2, 2012

  Speaking at TD Ameritrade Institutional conference, former FDIC chair gets warm reception from advisors, and urges no change to Dodd-Frank's "too big to fail" changes.

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  SRO Bill’s Redraft Hangs in Balance With Bachus to Leave House Panel’s Helm

  By Melanie Waddell, AdvisorOne  |  January 23, 2012

  House Financial Services Chairman Spencer Bachus’ recent announcement that he will leave his post likely when a new Congress convenes could prompt him to move quickly in pushing through his committee a redraft of his SRO bill.

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  Fiduciary Duty Rule: A Status Report One Year Later

  By Melanie Waddell, AdvisorOne  |  January 20, 2012

  January 21 marks the one-year anniversary of the SEC handing over to Congress its report under Section 913 of Dodd-Frank recommending that brokers adhere to a fiduciary duty.

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  Fed Asks Congress to Ease Lending Standards and Housing Inventory

  By Gil Weinreich, AdvisorOne, James J. Green, AdvisorOne  |  January 5, 2012

  Quincy Krosby, chief market strategist for Prudential Annuities, thinks the 'Fed will probably give us QE3' this year, but will focus on buying mortgage-backed securities rather than Treasuries.

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  Frank Not Acting Like Lame Duck; No Fan of SRO Bill

  By Melanie Waddell, AdvisorOne  |  December 28, 2011

  Rep. Barney Frank, the straight-talking Massachusetts Democrat who serves as ranking member on the House Financial Services Committee, announced in late November that he won’t seek re-election and plans to retire from Congress at the end of 2012.

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  New Year, New Fiduciary Rule?

  By Melanie Waddell, AdvisorOne  |  December 28, 2011

  While SEC Chairman Mary Schapiro said in mid-December comments first reported on Bloomberg that the agency would issue a proposed fiduciary rule this year, she also stated in the Bloomberg interview that a fiduciary rule proposal will be “business model neutral” and allow brokers working with retail investors to sell...

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  Outlook 2012: Washington — Final Outcomes on Fiduciary, SRO?

  By Melanie Waddell, AdvisorOne  |  December 20, 2011

  The regulatory/legislative front will heat up in the New Year for advisors, with four issues taking center stage—the SEC and DOL's fiduciary rules, an SRO for advisors and the 'switching' of advisors.

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  Advisor SRO Would Cost Twice as Much as Funding SEC Exams

  By Melanie Waddell, AdvisorOne  |  December 15, 2011

  The report, conducted by BCG and funded by advisor groups and TD Ameritrade, was released before a House panel vote on a spending bill that included a $136 million increase for SEC funding.