Top 4 Dodd-Frank Concerns as Law Enters Second Year
For advisors, four issues will take the spotlight as the Dodd-Frank reform bill enters its second year—fiduciary duty, an SRO for advisors, harmonization, and adequate funding for the SEC.
Some Shots in the Arm for a True Fiduciary Standard?
Two good signs: the Coalition’s petition to the SEC, and a sign from the SEC that it may decouple ‘harmonization’ from 'fiduciary.'
SEC Official: Fiduciary Rule ‘Likely’ This Year, but Not Harmonization
A senior official at the SEC said Monday that while he believes the securities regulator will issue a rule putting brokers under a fiduciary mandate this year, the agency will hold off on issuing one on the overall harmonization of advisor and broker rules.