But how a Democratic-led SEC interprets and enforces Reg BI depends on its chair.
Industry officials of all stripes continue to scratch their heads about the term as they attempt to comply.
The future of investor protection hinges largely on who wins the next Presidential election.
CNBC profiles the impact of Reg BI on sales, advice, and investors themselves.
Democrats scraping the Trump administration’s reforms hinges on who’s picked to lead the SEC
Industry stakeholders are now looking to Massachusetts to see how aggressively the state enforces the rule and gain insight into how other states may follow suit.