Do these groups, as SEC Chairman Clayton suggests, have a “lack of understanding” of the law?
FSI Says ‘Costly’ N.J. Fiduciary Proposal Threatens Investors In State
BD lobbyists claim fiduciary rules harm investors while AARP members call for New Jersey to proceed with its own rule.
The Brokerage Industry’s “Muddle” Strategy
July 4 reminds us of how the American experiment started. That stands in startling contrast to the SEC’s experimental standards.
Adviser Regulation Caught Up in Partisan Era, Making it Hard to Plan for Future
A change in the White House in 2020 could result in a reversal of new SEC advice reform rules, just as the last presidential transition left the DOL fiduciary rule dead.
InvestmentNews Pegs Reg BI and Self-Regulation
This article hits on the necessity of the BD industry to raise its game and do what’s right. That requires “principled people to carry [the rules] out.”
RIAs Warned: Ramp Up Marketing Before BDs Roll Out ‘Best Interest’ Campaigns
Advisors who want to market themselves in a Reg BI world need to show the advantages of working with a fiduciary while underscoring brokers’ weaknesses.
