The Retirement Challenge (May 3)

Mike & Co. — Last week, the House voted along party lines to adopt a resolution blocking the Labor Department’s recent rule requiring retirement advisers to put their clients’ interests ahead of their own.  President Obama has said that, should the bill pass the Senate and land on his desk, he will veto it; Labor Secretary …

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Puerto Rico Debt Deal (April 26)

Mike & Co. –- On Sunday, a Commonwealth of Puerto Rico a $422 million bond interest payment comes due that can’t — or in any case won’t — be paid on time.  Gov. Alejandro Padilla has repeatedly said that the island cannot make that payment; others have questioned those statements.  Close behind follows a two billion dollar payment …

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SEC Nominations (Apr. 20)

Mike & Co. —  Hillary’s commanding victory in the New York primary last night is cause for celebration and bring the Secretary a decisive step toward  the Democratic nomination.  Tremendous effort and outcome —  congratulations all around.  Speaking of nominations, the path forward has gotten still murkier this month in Senate Banking.  Four Committee Democrats …

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Battle of Brooklyn Pt. 1: DFA and Transparency (Apr. 15)

Mike & Co. — At last night’s debate in Brooklyn, HRC took care of any lingering doubts in a few swift sentences — only one candidate will enforce, if not reinforce, Dodd-Frank… and knows what it means.   Dispelling the cloud of uncertainty around Sen. Sanders’ comments on banking policy during his NY Daily News interview, …

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