{"id":5531,"date":"2013-11-07T00:00:00","date_gmt":"2013-11-07T06:00:00","guid":{"rendered":"https:\/\/institutionalinvestorsecuritiesblog.blawgcloud.com\/2013\/11\/lawmakers_industry_folk_addres"},"modified":"2022-05-04T14:43:46","modified_gmt":"2022-05-04T19:43:46","slug":"lawmakers-industry-folk-addres","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/lawmakers-industry-folk-addres\/","title":{"rendered":"Lawmakers & Industry Folk Address the DOL Amending the Definition of Fiduciary, Reg A Plus Offerings, Oversight, Rogue Brokers, and Expungement Rules"},"content":{"rendered":"

US House Passes A Bill Prohibiting the US Labor Department DOL From Amending Its Definition of \u201cFiduciary\u201d Until SEC\u2019s Uniform Conduct Standard is Established <\/strong><\/p>\n

A bill that would not allow the Department of Labor to amend its rules regarding the definition of the term \u201cfiduciary\u201d until after Securities and Exchange Commission adopts its own rule that places broker-dealers and investment advisers under a uniform standard of conduct has passed in the US House of Representatives. The DOL has been trying to revise its definition of \u201cfiduciary\u201d in the Employee Retirement Income Security Act (ERISA). Those who voted to prohibit revising the definition have been worried about possibly ending up with two rulemakings that were inconsistent with one another.<\/p>\n

Reg A Plus Offerings and Their Oversight Get Capitol Hill Debate<\/strong><\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

US House Passes A Bill Prohibiting the US Labor Department DOL From Amending Its Definition of \u201cFiduciary\u201d Until SEC\u2019s Uniform Conduct Standard is Established A bill that would not allow the Department of Labor to amend its rules regarding the definition of the term \u201cfiduciary\u201d until after Securities and Exchange Commission adopts its own rule […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3953,3783,3960,3739,3776,3761],"tags":[],"class_list":["post-5531","post","type-post","status-publish","format-standard","hentry","category-arbitration-rulings","category-broker-misconduct","category-doddfrank-wall-street-reform-a","category-finra","category-finra-settlements","category-securities-and-exchange-commis"],"yoast_head":"\nLawmakers & Industry Folk Address the DOL Amending the 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