Securities Industry And Financial Markets Association (SIFMA)

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  1. Articles

    State regulators, Finra, SIFMA propose fee disclosure model for brokers

    State regulators, Finra, SIFMA say their approach would clarify charges to investors, yet commissions and advisory fees are left out of the plan.

  2. Articles

    Groups opposing DOL fiduciary rule step up lobbying spending

    Interest groups wanting to stop a Labor Department proposal that would change the rules for investment advice to retirement accounts have stepped up their lobbying expenditures.The Financial Services Institute, for instance, has spent $428,876 on lobbying during the first half of the year, compared

  1. Articles

    Broker groups step up political spending early in election cycle

    Groups representing brokers and investment firms have stepped up their political spending this year, while adviser advocates have slowed down their campaign contributions.The Securities Industry and Financial Markets Association, the major industry trade organization, contributed $261,198 to

  2. Articles

    SIFMA's advice to DOL on the fiduciary rule: Start over

    Industry heavyweight argues the proposal would limit access to investment advice.

  3. Articles

    State regulators work on uniform approach to elder financial abuse

    New measures are aimed at encouraging brokers to notify authorities when they suspect someone is trying to scam one of their clients.

  4. Articles

    DOL Secretary Perez touts Wealthfront as paragon of low-cost, fiduciary advice

    In his effort to build support for a proposal to raise investment advice standards for retirement accounts, Department of Labor Secretary Thomas Perez often uses a prominent robo-adviser as a talking point.When he appeared at a June 17 congressional hearing, Mr. Perez mentioned Wealthfront, an

  5. Articles

    Perez assures lawmakers DOL will make fiduciary rule work

    Secretary of Labor Thomas Perez assured lawmakers Wednesday that the agency is listening to concerns about a controversial investment advice proposal and will “make it work.”

  6. Articles

    DOL fiduciary proposal feels heat as more industry players pile on

    Great-West CEO Reynolds, Chamber of Commerce warn rule will hurt investors, advisers.

  7. Articles

    SIFMA proposes own standard for brokers to act in clients' best interests

    Proposal means to counter DOL fiduciary duty with an amended suitability standard.

  8. Articles

    Washington latest state to encourage workplace retirement plans

    Creates website to match small employers with private-sector retirement plans

  9. Articles

    Financial industry asks DOL for more time on fiduciary rule

    Groups say they need an extra 45 days above the 75-day comment period to respond.

  10. Articles

    Merrill Lynch's John Thiel urges colleagues to work with DOL on fiduciary rule

    At least one major industry player is taking a more welcoming stance toward working with the Labor Department as it seeks to create a rule that would hold brokers to a fiduciary standard when dealing with retirement plans.

  11. Articles

    SIFMA criticizes White House for ignoring existing regulations while pushing for DOL fiduciary rule

    Trade group releases report saying brokers 'thoroughly' regulated already with structure in place for 100 years.

  12. Articles

    SEC fiduciary push gives momentum to third-party exams

    SEC Chairwoman Mary Jo White jump-started a controversial move to expand the agency's coverage of registered investment advisers: farming out exams to the private sector.

  13. Articles

    Republican introduces bill to halt Obama's DOL fiduciary push

    Rep. Ann Wagner says proponents are 'offering a solution in search of a problem.'