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Groups File Petition to End SEC Crackdown on 12b-1 Fees
Four industry and public interest groups filed a petition of rulemaking with the Securities and Exchange Commission Wednesday to end what they see as the agency’s “backdoor regulation” of 12b-1-fees. “It is time for the SEC to stop its troubling, ongoing trend of backdoor regulation, or regulation by enforcement,” said Dale Brown, president and CEO of the…
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FSI Hits SEC for 'Regulation by Enforcement
The Securities and Exchange Commission should end its policies of “regulation by enforcement,” according to a new petition from the Financial Services Institute and several other advocacy organizations. In the petition, they argue the SEC’s Share Class Selection Disclosure Initiative regarding fees for high-cost mutual fund share classes unfairly subjects brokers to de facto rules…
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Big Labor’s Employer Gag Order
Ben Domenech, a right-of-center political commentator and publisher of The Federalist, thought he was having some clean fun when, in response to Vox Media taking steps to counter a union contract campaign, he tweeted a facetious statement telling his employees he would send them “back to the salt mine” if they tried to organize a…
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The National Labor Relations Board Wants To Punish a Conservative Publisher for a Joke About Unions
The National Labor Relations Board (NLRB) has ordered Ben Domenech—publisher of the conservative website The Federalist, and a friend of mine—to take down a June 2019 tweet in which he joked about sending employees who wanted to unionize to work in “the salt mines.” Domenech has refused, and the case is now making its way through…
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The National Labor Relations Board Wants To Punish a Conservative Publisher for a Joke About Unions
The National Labor Relations Board (NLRB) has ordered Ben Domenech—publisher of the conservative website The Federalist, and a friend of mine—to take down a June 2019 tweet in which he joked about sending employees who wanted to unionize to work in “the salt mines.” Domenech has refused, and the case is now making its way through…
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The National Labor Relations Board Wants To Punish a Conservative Publisher for a Joke About Unions
The National Labor Relations Board (NLRB) has ordered Ben Domenech—publisher of the conservative website The Federalist, and a friend of mine—to take down a June 2019 tweet in which he joked about sending employees who wanted to unionize to work in “the salt mines.” Domenech has refused, and the case is now making its way through…
Read