Daniel Tarullo, who had served at the Fed since 2009 and helped shape its response to the 2008-2009 financial crisis, said in a letter to Trump on Friday he would leave the central bank "on or around April 5."
The company's net income rose to $41.74 million in the fourth quarter, up from $26.81 million.
Rule change will push $304 billion in bonds out of the Bloomberg Barclays U.S. Aggregate Bond Index.
Toronto-based firm will be the first foreign robo-advisor startup to enter the U.S. market.
Irving Picard can keep trying to recover $280 million in alleged fraudulent transfers to Ascot Partners.
While Democrats will probably raise questions about Clayton's ties to Wall Street at his confirmation hearing, they will not be able to block him without some support from Republicans.
Portfolio managers from Fidelity, Gamco, Thornburg and other large firms say they see the broad outlines of the Affordable Care Act remaining intact.
Sen. Elizabeth Warren sent a letter to 33 wealth management firms, asking if they planned to reverse changes they have made to be compliant if there was a delay.
Trading.co.uk will track the president-elect's social media comments.