Investment Adviser Association in Washington

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  Timing of SEC Fiduciary Rule in Flux

  By Melanie Waddell, AdvisorOne  |  January 13, 2012

  SEC Chairman Schapiro says agency's economists plan to ask public for more data on retail financial advice. How long will this take?

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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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  Timing of SEC’s Fiduciary Rule Debated at CFA Conference

  By Melanie Waddell, AdvisorOne  |  December 1, 2011

  While optimism remains that the Securities and Exchange Commission will issue a rule putting brokers under a fiduciary mandate, the question being debated among industry and consumer officials is exactly when it will happen.

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  Senate to Grill SEC Chiefs at Oversight Hearing

  By Melanie Waddell, AdvisorOne  |  November 10, 2011

  A Senate Banking Subcommittee plans to hold a hearing on Nov. 16 on management and structural reforms at the SEC, with Robert Khuzami and others facing off with the Senators.

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  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.

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  Ketchum Says FINRA Ready to Be Advisor SRO

  By Melanie Waddell, AdvisorOne  |  September 13, 2011

  Just days after House Financial Services Chairman Spencer Bachus, R-Ala., introduced draft legislation calling for one or more SROs for advisors, Rick Ketchum, CEO of FINRA, told lawmakers at a Tuesday hearing to discuss the draft bill that FINRA stands ready to take on that role.