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.
