In the Margins

Clayton on fiduciary rule: It's an SEC priority

December 1, 2017

By InvestmentNews

Securities and Exchange Commission Chairman Jay Clayton said this week the agency would make a fiduciary standard for brokers a priority, following the Department of Labor's decision Monday to delay full implementation of its fiduciary rule. "I think I've been clear, we are working on a fiduciary rule and exploring it for brokers and investment advisers," Clayton said. "It's a priority for me to address this space in light of the action that the Department of Labor took to step into this space." Read the original story from InvestmentNews.

 

 

FPA Advertisment

Most Read

10 Things
10 Things...on the regulatory agenda

The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...