Congressional Activity

With the hindsight provided by two years' time, SEC Chairman Mary Schapiro told a House subcommittee last week that former Commission general counsel David Becker ...

The political sides lined up last week before Congress over whether to breathe new life into Dodd-Frank reforms or suffocate them, even as the President ...

This is the latest version, subject to late changes, of the House-Senate conferees' version of the Dodd-Frank financial regulatory reform legislation. This is current as ...

Final text of the House-Senate conferee's legislative language for fiduciary duty issue in financial regulatory reform bill.

SEC Commissioner Elisse Walter last month openly called for the creation of an SRO for advisers. Speaking at an industry conference, she also questioned proposals ...

The Senate showdown last week with seven current or former Goldman Sachs employees included questioning about whether the firm was or should be under a ...

The Senate Banking Committee's report on The American Financial Stability Act from March 2010.

A copy of the “talking points” from Edward Jones for lobbying against an expanded fiduciary duty. This came up in the congressional debate in 2010 ...

How to extend a fiduciary duty to certain broker-dealers has long tangled lawmakers and policymakers and this week members of the SEC's Investor Advisory Committee ...

A copy of the amendment to Senate financial regulatory reform designed to replace a provision that would expand a fiduciary duty standard. This was proposed ...