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.

 

 

Most Read

Top of the Agenda - Regulatory
ICI pursues reforming, modernizing '40 Act

The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...