The groups, arguing the proposal has been rushed, asked government officials to get more public input.
The Treasury Department has proposed a rule requiring all SEC advisors to have anti-money-laundering programs.
The SEC has now penalized 14 registered investment advisors in its crackdown on marketing infractions.
A new investigation of the bank's money laundering controls is "another black eye for Morgan Stanley," one attorney says.
Observers say the Biden administration is moving swiftly to prevent Republicans from overturning the rule in a new Congress.
The securities industry group wants Finra to reform how it handles broker termination disputes.
This is how the industry can evolve and let females move up the ladder, says the Carson Group.
The plan would provide relief to as many as 30 million borrowers, the White House says.
Even small allocations to a bitcoin portfolio can improve returns, say these asset management firms.
People are afraid the program will run out of funds, but they risk a 50% cut in benefits if they take money out early, says this expert.