Financial Stability Oversight Council

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  Mary Jo White: The 2013 IA 25 Extended Profile

  By Melanie Waddell, AdvisorOne  |  April 30, 2013

  All eyes will be on new SEC Chairwoman Mary Jo White as she takes the helm and decides which rulemakings to tackle first.

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  White Pledges to Weigh Cost of Fiduciary Rule as Ketchum Revives SRO Fight

  By Melanie Waddell, AdvisorOne  |  April 1, 2013

  Just as incoming Securities and Exchange Commission (SEC) Chairwoman Mary Jo White has pledged to lawmakers that she would carefully weigh the costs of a fiduciary rulemaking, Richard Ketchum, CEO of the Financial Industry Regulatory Authority (FINRA), is renewing his call for a self-regulatory organization to oversee advisors.

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  Mary Jo White Commits to Reviewing Fiduciary Comments

  By Melanie Waddell, AdvisorOne  |  March 12, 2013

  Mary Jo White told the Senate Banking Committee on Tuesday that she would “commit” to reviewing the request for public comment on the agency’s fiduciary rule before releasing a proposal.

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  FSI’s FA Membership Growth Strategy Appears to Be Working

  By James J. Green, AdvisorOne  |  January 29, 2013

  Subsidizing individual FA membership gets advisors in the door, and advocacy success keeps them, says FSI leadership.

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  SEC to Take Another Step Toward Fiduciary Rule

  By Melanie Waddell, AdvisorOne  |  January 16, 2013

  The SEC plans to issue a “concept release,” which will also likely include a request for information, in the first quarter regarding its rule to put brokers under a fiduciary mandate, Ken Bentsen of SIFMA said Wednesday.

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  New Hire Roundup: LPL Financial Welcomes Lochan

  By Marlene Y. Satter, AdvisorOne  |  January 9, 2013

  This week in new hires, Brendt Stallings and Husam Nazer joined DoubleLine, the MSRB board announced that it is looking for a few good applicants, and Citi named two new co-presidents.

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  Treasury Sells Remaining AIG Shares, Profiting From Bailout

  By Arthur D. Postal, PropertyCasualty360.com  |  December 12, 2012

  The Treasury Department on Tuesday sold its remaining 16% of AIG common shares for $7.6 billion, putting an end to the government’s 50-month shotgun financial tryst with the global insurer.

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  Treasury’s Miller Surfaces as Possible Replacement for SEC’s Schapiro

  By Melanie Waddell, AdvisorOne  |  November 21, 2012

  Rumors are circulating that Treasury Department Under Secretary Mary John Miller, former T. Rowe Price executive, is the top candidate to replace Schapiro.

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  3 Reforms of Money Market Funds Advanced by FSOC

  By Melanie Waddell, AdvisorOne  |  November 13, 2012

  The Financial Stability Oversight Council, using authority under Dodd-Frank, votes unanimously on the proposals and seeks public comment.

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  Bruce Bent Cleared in SEC Fraud Charges

  By Melanie Waddell, AdvisorOne  |  November 13, 2012

  Bruce Bent, founder of the first money market fund, was cleared of fraud charges Monday after the SEC alleged that he deceived investors leading up to the Primary Reserve Fund “breaking the buck.”