Senate Banking Committee

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  SEC to ‘Customize’ Sanctions

  By John Sullivan, AdvisorOne  |  March 13, 2013

  The commission is responding to criticism that it is too lax in its enforcement and its bans are too broad.

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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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  Mary Jo White to Focus on Fiduciary Issue at SEC

  By Melanie Waddell, AdvisorOne  |  March 11, 2013

  Mary Jo White plans to testify before Senate Banking on Tuesday that regulating advisors and BDs is an "important" issue that she intends to focus on as SEC chairwoman.

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  SRO Is Key to Boosting Advisor Exams: Former SEC Chief Pitt

  By Melanie Waddell, AdvisorOne  |  March 7, 2013

  The SEC “can’t handle” examining advisors, Harvey Pitt said at the Investment Adviser Association conference.

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  Mary Jo White Hearing Set for March 12

  By Melanie Waddell, AdvisorOne  |  March 6, 2013

  The Senate Banking Committee will hold a hearing Tuesday to consider the nomination of Mary Jo White as the next SEC chairwoman.

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  SEC Issues Public Comment Request on Fiduciary Rule

  By Melanie Waddell, AdvisorOne  |  March 1, 2013

  Nearly a year after saying it would, the SEC on Friday published its request for public comment on its rule to put brokers under a fiduciary mandate.

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  SEC Budget Faces $108M Cut Under Sequester; House GOP Blasts SEC’s ‘Misplaced Priorities’

  By Melanie Waddell, AdvisorOne  |  February 27, 2013

  Republicans on the House Financial Services Committee criticized the agency Tuesday for “repeatedly failing to fulfill any part of its mission.”

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  Obama on Sequester: ‘No Smart Way’ to Cut $85 Billion in 7 Months

  By Melanie Waddell, AdvisorOne  |  February 26, 2013

  Meanwhile, Fed Chairman Ben Bernanke said the cuts would cause a 0.6 percentage-point drag on growth this year, and Speaker Boehner said senators should "get off their ass" and pass a replacement.

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  As Fiduciary Debate Returns, Advisors Share Attitudes and Practices

  By James J. Green, AdvisorOne  |  February 26, 2013

  As the SEC and DOL work to finalize their fiduciary standards, AdvisorOne and fi360 field their third annual advisor fiduciary survey to determine real-world advisor opinions and actions.

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  Mary Jo White Confirmation Hearing in Senate Appears Set for Week of March 11

  By Melanie Waddell, AdvisorOne  |  February 26, 2013

  The Senate Banking Committee is “tentatively” looking at the week of March 11 for a confirmation hearing of Mary Jo White, a Senate aide told AdvisorOne Monday night.