Fiduciary Duty Rule: A Status Report One Year Later
January 21 marks the one-year anniversary of the SEC handing over to Congress its report under Section 913 of Dodd-Frank recommending that brokers adhere to a fiduciary duty.
New Hire Roundup: Reinhart Joins Wealthcare Capital, Bowden Goes to SEC
This week in new hires, Len Reinhart joined Wealthcare Capital’s board, Andrew J. Bowden was appointed the SEC’s new associate director of advisor exams, and the Senate confirmed Luis Aguilar and Daniel Gallagher as SEC commissioners.
New Hires Roundup: Senate Banking Panel Approves SEC Nominations; Gregg Goes to The Hartford
This week in new hires, the Senate Banking Committee approved several SEC nominations; Michael Gregg was welcomed at The Hartford; Tom Douie rejoined Neuberger Berman; and Carl Steinhilber and Roderick Toppin went to MassMutual.
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.
Dodd-Frank Is Providing Meaningful, Tangible Benefits to Investors
At the one-year anniversary of Dodd-Frank, my message to Congress is clear: Don't weaken the law's critical investor protections.
SEC Proposal Cracks Down on Credit Rating Agencies
The SEC on Wednesday approved sweeping proposed new rules and amendments to existing rules designed to implement provisions of the Dodd-Frank Act regarding improving the regulation of credit rating agencies.
OPINION Column: SEC Funding Needs to Change
An SEC that takes in nearly half a billion dollars more than Congress grants it is not as strong as it should be.
SEC Commissioner Luis Aguilar States Unequivocal 'Support of Extending a Fiduciary Duty to Broker-Dealers'
In an unusual step, SEC Commissioner Luis Aguilar issued a "Statement in Support of Extending a Fiduciary Duty to Broker-Dealers who Provide Investment Advice," on Tuesday, May 11.
Fiduciary Standard Back in Play in Dodd Reform Bill
A uniform fiduciary standard for all providers of advice is back on the table in the Senate.
Fiduciary standard back in play in Dodd reform bill
A uniform fiduciary standard for all providers of advice is back on the table in the Senate. Supporters, including financial planners, said Friday, April 30, that...