SEC’s Gallagher, Aguilar to Depart as Agency Crafts Fiduciary ‘Term Sheet’
Two commissioners are planning to exit as the agency drafts a term sheet on what a fiduciary rule should look like.
SEC Chief: Advisor Exam Crunch Is a ‘Serious’ Investor Protection Issue
SEC chief White tells senators the current 10% advisor exam rate is cause for "great concern" and discusses fiduciary rules.
Former IAA President and CEO Tittsworth to Join Ropes & Gray
Former longtime president and CEO of IAA will join Ropes & Gray LLP’s investment management practice in June.
TD Ameritrade’s Schweiss Named Fiduciary of the Year
Past winners include David Tittsworth, W. Scott Simon, Ron Rhoades and Eugene Maloney.
IAA Names Grohowski General Counsel
He will replace IAA's longtime general counsel, Karen Barr, who became the association’s new president and CEO in November.
GOP Blasts User Fees Plan, Tells SEC to Boost Exams Now
Reps. Hensarling and Garrett give SEC Chairwoman White a Dec. 5 deadline to detail how agency will reallocate resources.
White Promises ‘Clarity’ on Fiduciary
While SEC Chairwoman Mary Jo White said in mid-November that the agency had not yet decided “whether to do something or what to do” regarding a fiduciary rulemaking, White said she planned to provide “clarity” as to her position regarding a uniform fiduciary rule in the “short term.”
What a GOP Senate Takeover Means for Dodd-Frank, CFPB, User Fees
AEI's Peter Wallison and others weigh in on what advisors can expect now that Republicans have dominated the midterms.
IAA’s Barr to Replace Tittsworth as President, CEO
Karen Barr will become the IAA's new president and CEO, replacing David Tittsworth, who has led the association since 1996.
What's Next for the Fiduciary Standard?
While the industry awaits a decision by the SEC on whether it will move forward with a uniform fiduciary rule for brokers and advisors, fiduciary advocates will engage this month in a debate about the importance of the two fiduciary rulemakings being considered by the SEC and the DOL.