In the Margins

What are SEC nominees' views on DoL fiduciary rule?

September 14, 2017

By InvestmentNews

President Trump has nominated Republican Hester Peirce and Democrat Robert L. Jackson Jr. to the Securities and Exchange Commission. One issue on which the two likely will have input going forward is the Department of Labor's fiduciary rule. Peirce, a senior fellow at the conservative Mercatus Center at George Mason University, has criticized the DOL regulation and says the SEC should take the lead on a fiduciary duty. Jackson, on the other hand, is a blank slate on the issue. Read the original story from InvestmentNews.