The industry group wants the FTC to have sole regulatory powers over credit reporting agencies.
The bill “would make it virtually impossible for mutual fund shareholders to bring claims for excessive fees.”
A committee representing 1,100 advisors says brokers are confusing investors with the use of the term.
The bill by Senate Democrats including Sen. Elizabeth Warren is part of a bipartisan backlash to the Equifax breach.
Bipartisan bills were also introduced to allow the electronic delivery of retirement account statements.
The commission's proposal would reportedly complement the DOL's partially implemented fiduciary rule.
After its tax reform victory, the GOP adds a rider to a spending bill that would vacate the DOL rule.
The DOL's proposal would make it easier for businesses to buy health insurance collectively and across state lines.
Merrill Lynch has banned its roughly 17,000 advisors from pitching cryptocurrency investments.
Hint: It’s a truth serum for disclosing how you’re regulated and paid.
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