SIFMA

The change could alleviate firms’ recruiting worries that they must pay trainees to spend the first few months studying.

Moves by Nevada and others threaten to create compliance confusion.

Public perception, the laboriousness of the rule-making process and other factors have acted as roadblocks to wholesale repealing the regulation.

A new bill would go further than past attempts to block the Labor Department altogether.

An open question is how the latest effort by the agency would coordinate with the Department of Labor.

One brokerage executive likens the situation to changing the rules of a football game after the teams are already on the field.

Hope is dimming, but top Democrats like Sen. Elizabeth Warren and investor advocates are unlikely to relent in their efforts to preserve the regulation.

The department says it needs time to complete a review of the regulation ordered by President Trump, who also recently outlined criteria for reversing the rule.

The latest developments make columnist Bob Veres wonder whether he has fallen through a wormhole.

A Senate bill would provide liability protections for advisors who report suspected abuse of senior clients.

The decision landed just hours after the Department of Labor asked for the decision to be postponed while it complies with a Trump order to review the regulation.

The move is additional fallout from the president's memo to the Department of Labor to review the regulation and possibly rescind it.

Meanwhile, a prominent Republican congressman called on President Trump to delay the regulation's implementation.

"There is an added sense of urgency now," says Barbara Roper, director of investor protection at the Consumer Federation of America.

Will Chief District Judge Barbara Lynn be the first to rule against the regulation? Opponents of a case in Texas federal court have high hopes.

The legal setback for the rule's foes still leaves three ongoing court challenges, as well as an uncertain future after Trump takes office.

The industry trade group is also calling on regulators to harmonize existing rules.

The new administration will have two paths it can take to stop the regulation from being implemented.

After more than three-and-a-half years at the helm, Mary Jo White made incremental moves to expand advisor exams, but did not move on structural reform or implement a uniform fiduciary standard, as many advocates had hoped.

A federal judge categorically rejects claims by an insurance group that the agency overreached. The ruling "sets the tone" for other suits nationwide, an investor advocate says.