Legal

FINRA Rule 2111 will change the way that securities are sold, and it's finally here: NAIFA suggests the rule could have a 'chilling effect' on advisor-client relations.

Lawmakers were unable to come to agreement on pension reform, with $5.3 billion of the $33.7 billion budget going to public pension programs.

Talks over issues including pension benefits, health care and wages have kept Con Ed workers off the job during the massive heat wave.

ERIC has come out against Congress including an increase to PBGC premiums as part of legislation that extends transportation funding and prevents a student loan interest rate hike.

The plan for the 2012-13 fiscal year that begins Sunday would increase spending by about 1.5 percent, largely for debt, pensions, health care for the poor and to help fill a shortfall in the almost-finished fiscal year.

Workers hired after July 2 wouldn't get traditional pensions. Instead, they would have a retirement savings plan and contributions from Lockheed Martin.