Phyllis Borzi roundly criticizes the DOL class exemption that would allow retirement plan advisors to receive commissions.
Advisor News
Groups Urge More Time to Comment on DOL Rule
Institute signs on to letter with 20 other advocacy groups requesting extension of comment period for DOL proposed rule.
Tamar Frankel Paper: “The Regulators’ Conflicts of Interest”
Tamar Frankel, Professor Law Emerita at Boston University, published a hugely important criticism of SEC’s Reg BI.
Institute Comment Letter to Iowa Insurance Divison on “Best Interest Standard of Care for Insurance and Securities Professionals”
The Institute submitted a comment letter to the Iowa Insurance Division on its proposed rulemaking in light of SEC’s Reg BI.
SEC, CFP Board Accused Of Blurring Lines Between Advisors And Brokers As Board Reacts
The Institute contends in a new whitepaper that SEC and CFP Board rules will sweep away key principles of the Advisers Act.
WealthManagement.com: Coronavirus Puts a Premium on Honest and Plain Talk from Advisors
Advisors who communicate quickly, openly and honestly … will come out in a stronger position.
