The North American Securities Administrators Association is escalating its call for tougher broker sales regulation, scheduling a Capitol Hill briefing for lawmakers, regulators and the media on March 5.
Must Reads
Important articles on the fiduciary standard. Visit our Must Reads archive page to read older articles.
Why Should I Care if My Financial Advisor is a Fiduciary?
Why should you as an investor care if your financial advisor is a fiduciary? Here are some thoughts on this for those looking for a financial advisor or who are already working with one.
Maryland bill would impose fiduciary duty on brokers, insurance reps
New Maryland bill would require financial professionals to act ‘without regard to’ their own financial gains
SEC’s latest on fiduciary: Advisers can customize individual client agreements
Disclosure and informed consent can limit services, allow third-party pay
Clayton slims down SEC agenda, looks for more wins
The SEC is on track to finalize its standards of conduct for investment advisors and brokers next year, Chairman Jay Clayton indicated on Wednesday, calling those rules “a very important and long overdue initiative.”
Reg BI Still Looms Over Brokers … One State at a Time
Individuals familiar with the progress of the Reg BI rulemaking say the rule is expected to be completed next year, potentially before a September 2019 final action date posted with the database of the Office of Information and Regulatory Affairs within the Office of Management and Budget.
