Harold and Fiduciary
We knew Harold Evensky has been a proponent of the fiduciary standard for advice givers for some time and that he was a leading light of the Institute for the Fiduciary Standard. So we asked the Institute’s co-founder, Knut Rostad, to comment on Evensky’s contributions.—Ed.
Obama Names SEC’s Walter as Schapiro’s Replacement
While Elisse Walter, an SEC commissioner, was selected by President Obama to succeed Schapiro, industry officials speculated that Walter will serve as an acting chairman until the president selects a permanent chairman at a later date.
The Election and Advisors: FPA’s Dan Barry Reports, and Predicts
Looking at next year’s advocacy agenda for FPA, much depends on the election and who is placed in key positions. A rundown of the big issues for planners, and what different election scenarios mean for those issues.
SEC Names Two to Trading and Markets Division, Appoints New Deputy Chief of Staff
The SEC recently announced three executive appointments, including a new post, managing executive of the Division of Trading and Markets.
SEC Names Blizzard to Head Investment Advisor Regulation
The SEC has named Diane Blizzard associate director for regulatory policy and investment adviser regulation in the Division of Investment Management, replacing Robert Plaze.
SEC’s Schapiro to Congress: Budget Boost Needed to Modernize EDGAR, Add Staff
SEC chairman says 676 new employees could be added under Obama budget request; agency reviewing regional offices.
Fiduciary Study Under Way, but Harmonization Looms
At press time, the mid-term elections are upon us--which means there's a good chance the House will flip to a Republican majority.
SEC Chair Repeats Strong Support for Fiduciary Duty
"Broker-Dealers and Investment Advisers Should be Subject to the Same Fiduciary Standard of Conduct and Heightened Regulatory Regime When Providing the Same or Substantially Similar Services," she
Schapiro unveils oversight agenda
Securities and Exchange Commission Chairman Mary Schapiro announced Thursday she is drafting plans to toughen oversight of investment advisors who have custody of client assets. In...