Capital Markets Subcommittee

• 

  Lawmaker Calls SEC’s Delay on JOBS Act Promotion Rule ‘Completely Unacceptable’

  By Melanie Waddell, AdvisorOne  |  September 13, 2012

  The House hearing on Thursday addressed crowdfunding and concerns on how to verify "accredited investors" for the purpose of advertising private offerings.

• 

  Dodd-Frank Should Not Be Repealed: House Hearing Consensus

  By Melanie Waddell, AdvisorOne  |  July 10, 2012

  While they had many complaints about the Dodd-Frank Act, all of the financial services representatives testifying at a House Financial Services hearing stopped short of saying the law needs to be repealed.

• 

  House to Hammer Dodd-Frank Throughout July

  By Melanie Waddell, AdvisorOne  |  July 9, 2012

  July 21 marks the second anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act being written into law, and the House Financial Services Committee is planning to challenge its merits all month long.

• 

  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.

• 

  Revised SRO Bill by Bachus Out ‘Very Soon,’ Says IAA’s Tittsworth

  By Melanie Waddell, AdvisorOne  |  November 9, 2011

  A new draft of Rep. Spencer Bachus’ bill calling for an SRO for advisors is expected to be out 'very soon,' David Tittsworth, executive director of the Investment Adviser Association told AdvisorOne Wednesday.

• 

  SRO Bill May Arrive This Fall

  By Melanie Waddell, AdvisorOne  |  October 1, 2011

  Lawmakers and industry officials debated the merits in mid-September of whether there should be a self-regulatory organization (SRO) for advisors, and at least one industry official says to expect SRO legislation from the House this fall.

• 

  Congress Urged to Preserve States' Authority in Any SRO for Advisors

  By Melanie Waddell, AdvisorOne  |  September 14, 2011

  Just as the Pennsylvania Securities Commissioner was warning members of a House subcommittee on Tuesday to not trump states’ authority in potentially requiring an SRO for advisors, the newly christened NASAA president was beating the same drum miles away.

• 

  Draft Bill Calling for SRO for Advisors Introduced in House

  By Melanie Waddell, AdvisorOne  |  September 8, 2011

  The House Financial Services Committee on Thursday released a draft bill that would establish one or more self-regulatory organizations (SRO) to oversee investment advisors.

• 

  SRO Bill Likely to Follow Sept. 13 House Hearing

  By Melanie Waddell, AdvisorOne  |  August 29, 2011

  Washington insiders say that after the capital markets subcommittee, chaired by Rep. Scott Garrett, R-N.J., holds its SRO hearing, legislation is likely to follow.