FSR advocates on behalf of members that provide investment products and services to individual and institutional investors, businesses, not-for-profit organizations, and governments (federal, state, and local); manage investments for themselves or their clients; provide financial, investment, or advisory services; and underwrite, deal-in, or make markets in capital markets financial instruments.
Current Investment Management Priorities:
- Fiduciary Duties and Standards of Care
- Systemic Risk Review of Asset Management
- Retirement Planning and Saving
- Regulating Municipal Securities Disclosures
- Investment Funds Regulation
- Retail Securities Issues
- U.S. Securities Market Structure, Resiliency and Oversight
October 27, 2015
FSR is being recognized today with the Society for Financial Education & Professional Development’s Eagle Award, which is given to an organization that does extraordinary work promoting financial literacy and makes significant contributions to financial education.
October 6, 2015
Is President Barack Obama’s administration serious about considering feedback in response to its proposed regulation to change the way Americans, especially low- and moderate-income Americans, are informed and educated about retirement planning?
September 29, 2015
FSR sent a letter to the Hill supporting HR 1090, which would ensure that the sale of retail investment products is restored to the SEC, the industry’s primary regulator in this space, rather than the Department of Labor.
September 25, 2015
President Obama is likely to see the implementation of a major new rule aimed at protecting retirement savings before he leaves office, despite opposition from the financial industry and several Republicans and Democrats.
August 26, 2015
The market turmoil of the past few days has put many investors on edge about the state of the world’s financial markets. Many mom and pop investors may not be as tuned into the political dynamics shaping China’s recent decision to devalue its currency, a decision that has led to a worldwide market reaction. If When watching the news, the stark image of the stock “heat map” lit up in red is a scary one for any investor, particularly for those whose retirement future can deteriorate in a flash. While it’s too soon to know if the market volatility will be short lived, it is clear that any uncertainty can often make level-headed people invested in the market want to react to protect their nest eggs.
July 22, 2015
FIDUCIARY FIGHT – – BIZ COMMUNITY PROPOSES NEW PLAN. Former Republican presidential candidate Tim Pawlenty is touting a new plan that he says will better protect consumers that would be at risk from the Department of Labor’s proposed fiduciary requirements for financial advisers.
July 21, 2015
A new rule proposed by the Department of Labor (DoL) will hinder retirement planning for low and middle income savers by creating red tape and conflicts with other regulations, according to the Financial Services Roundtable (FSR).
July 21, 2015
For years, efforts have been afoot to redefine what it means to be a fiduciary when providing financial advice to clients. The question is straightforward, “Should your financial professional act in your best interest?” The answer is, “Yes. Of course, they should.”
Anyone worth their salt in the financial services industry has to do what’s right for their clients, or they won’t be in business for very long. The trouble is, when you start to use words like “fiduciary duty” and then insert federal and state regulators with different rules governing investment and retirement products and the professionals that serve clients saving for retirement, that very straightforward question, as with most things in regulation, gets, well, complicated.
July 16, 2015
Benjamin Franklin famously said, “If you fail to plan, you are planning to fail!”
This philosophy is especially relevant to workers who are increasingly responsible for navigating their way to a financially secure retirement due to a decline in defined pension plans and the tenuous future of Social Security. This can be a daunting task for many who feel intimidated by the markets and fearful of making uninformed investment decisions that will dramatically shape their ability to retire with ease.
July 15, 2015
Auto-enrollment and auto-escalation are easy and impactful ways that employers can help their employees save for retirement. Two new studies, one by Boston College and another by Bank of America Merrill Lynch, back that point up.