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.
Senator Aims to Strip DOL’s IRA Fiduciary Power
In yet another attempt by Congress to stymie the DOL's effort to release its fiduciary reproposal, Sen. Orrin Hatch, R-Utah, introduced legislation on Tuesday that would return oversight of IRAs to the Treasury Department.
AdvisorOne’s Best Comments: Goldfarb, Fiduciary, Referrals
Our regular collection of some of the most recent—and most thought-provoking—comments made by readers on AdvisorOne.
What a Pretzel Entrepreneur, a Navy Widow and an Ex-Rep All Need From Their Advisors
A consumer panel moderated by Barbara Roper at TDAI's fiduciary summit featured three situations requiring top-notch financial advice. Did the panelists receive it?