SIFMA

The requirement is back in the spotlight as consumer advocates and business interests face off on proposal to outlaw this key provision of customer agreements.

Advisors and trade groups resist a patchwork of regulations, saying it would limit consumer choice and increase firms’ expenses.

Warnings from the brokerage sector as Nevada advances a uniform fiduciary rule have a familiar ring.

State regulators and state legislature are stepping in to propose initiatives to protect consumers against salespeople wrapped in fiduciary clothing.

A group representing some of the world’s largest money managers wants the SEC to let brokers accept payments from domestic clients just for research.

Wirehouses have long complained about paying the highest dues among the group’s hundreds of members, insiders say.

It’s the latest sign the SEC is taking seriously complaints that fees for market data are too high.

Clashes over the Labor Department's fiduciary rule have carried over into the debate on the SEC's proposed regulation.

Fiduciary advocates lament the absence of the term from the SEC's rule, which they say fails to move beyond FINRA’s existing suitability standard, while the brokerage sector sees the proposal as a welcome jump in oversight.

With the rescue attempt's failure, all eyes now turn to the SEC which is considering its own proposal for raising financial advisor standards of conduct.