FINRA Creates Investor Issues Committee
The committee will advise senior FINRA staffers on proposed rulemaking and policy initiatives. Barbara Roper is one member.
SEC Tags Fiduciary as 'Long-Term' Action; Advocates Unfazed
The fact that a fiduciary rulemaking is on the SEC’s agenda at all "suggests to me that we are moving closer," says CFA's Barbara Roper.
Will the SEC Create Two Kinds of Fiduciaries?
The debate rages on about what Dodd-Frank said the SEC could — or could not — do in writing a fiduciary rule for brokers.
SEC Investor Advisory Committee Approves Fiduciary, User-Fee Plans
Recommendation on how brokers should be put under a fiduciary mandate sailed through the full committee Friday, but members voiced concern about user-fee plan.
Is Investor Confusion Really Harmless?
An SEC panel raises the issue of harm caused by investor confusion over the difference between a fiduciary and a suitability standard.
SEC Investor Advisory Committee to Vote Friday on Fiduciary Plan
SIFMA director Kevin Carroll says some of the recommendations of Barbara Roper's investor committee are "incongruous" with Dodd-Frank's intent.
SEC Fiduciary Rule ‘Major Focus’
Securities and Exchange Commission Chairwoman Mary Jo White said in early October that developing a fiduciary duty rule for brokers remains a “major focus of our efforts.”
SEC’s White: Fiduciary Rule Remains ‘Major Focus’
White’s comment comes as SEC investor advisory subcommittee attempts to "shape the form" of fiduciary rulemaking.
SEC Investor Committee Issues Fiduciary Plan
The Investor Advisory Committee hopes that "we can help to shape the form that commission rulemaking takes," says Barbara Roper.
Fiduciary Stumbling Blocks Surface
Several potential stumbling blocks have surfaced in the past couple of months that could stymie—or outright derail—release of fiduciary rules by the SEC and DOL.