Originally published on The Hill by Kurt Schacht
It sure feels like we have been on a very bad online date. Everything looked good on the web, we had similar likes and dislikes, and we shared a passion for fixing conflicts and mis-selling that occurs regularly with financial service products. How do we love thee Regulation Best Interest (BI)? Let us count the ways.
The big Securities and Exchange Commission (SEC) reveal this week, after months of courtship with investor protection enthusiasts was, as far as we can tell, a monumental bust.
Read the full article on The Hill