Securities Industry and Financial Markets Association

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  To Break Fiduciary Deadlock, Groups Lay Out Path for SEC

  By Melanie Waddell, AdvisorOne  |  March 30, 2012

  Seven leading consumer and industry groups supporting a uniform fiduciary duty provided the SEC on Thursday with a “roadmap” for resolving the debate about how to create that rule.

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  Allow E-Disclosures, Retirement Plan Coalition Urges DOL

  By Danielle Andrus, AdvisorOne  |  March 28, 2012

  On Tuesday, a coalition of interested parties took to their pens to urge the Department of Labor to allow plan sponsors to make required disclosures electronically.

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  Lawmakers Grill DOL’s Solis on Fiduciary Duty Redraft

  By Melanie Waddell, AdvisorOne  |  March 21, 2012

  At a House hearing, lawmakers took Labor Secretary Hilda Solis to task Wednesday over how the DOL’s recrafting of its fiduciary rule is progressing—specifically on the timing of the re-proposed rule and the rule’s inclusion of IRAs.

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  DOL ‘Disappointed’ With Industry Input on Fiduciary IRA Request

  By Melanie Waddell, AdvisorOne  |  February 29, 2012

  The Department of Labor’s EBSA says it is “disappointed” that industry trade groups could not provide more data by the Feb. 24 deadline, and it's "bewildered" that the data underlying the Oliver Wyman report is "not forthcoming."

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  DOL Deadline on Fiduciary IRA Request Set for Feb. 24

  By Melanie Waddell, AdvisorOne  |  February 16, 2012

  The Department of Labor’s Employee Benefits Security Administration (EBSA) has given industry trade groups until Feb. 24 to fulfill the department’s request regarding what impact the conflicts of interest faced by brokers who advise on IRAs have on IRA investors.

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  Industry Opponents Slam Volcker Rule as Volcker Defends It

  By Joyce Hanson, AdvisorOne  |  February 14, 2012

  The controversial Volcker rule that regulates proprietary trading came in for a final round of comment as frustrated bankers, activists and Paul Volcker himself flooded government regulators with statements.

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  IRS, Europe Join to Target Americans Holding Foreign Accounts

  By Marlene Y. Satter, AdvisorOne  |  February 8, 2012

  The governments of France, Germany, Italy, Spain and the U.K. joined with the Treasury Department to express intent to use a government-to-government framework to implement the requirements of FATCA, which target evasion by U.S. taxpayers using foreign accounts.

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  Industry Groups to DOL: Fiduciary IRA Request 'Difficult'

  By Melanie Waddell, AdvisorOne  |  January 24, 2012

  After a Tuesday meeting with DOL over its fiduciary IRA request, industry trade groups are still limited in how much help they can provide.

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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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  Lawmakers Probe Regulators Over Volcker Rule Proposal

  By Melanie Waddell, AdvisorOne  |  January 18, 2012

  Lawmakers took regulators to task on Wednesday over their proposal to implement Section 619 of the Dodd-Frank Act, commonly referred to as the Volcker rule, citing the proposed rule’s complexity as well as its costs.