Hester Peirce and Robert Jackson Jr. believe the brokerage regulator's conduct in this area should be improved.
Fidelity and Voya prevailed in similar pay-to-play cases this year against 401(k) record keepers.
Mandated contributions to Roth accounts would likely only be partial, as opposed to having a full repeal of pre-tax accounts.
Some executives warn private capital could be disruptive for advisers, others welcome them as valuable partners
The Investment Management Consultants Association has become the Investments & Wealth Institute, and will begin offering a retirement income designation.
Flows to advisory accounts, while still higher than the start of 2016, dropped off more than 20% from Q2 and were the lowest in a year.
The ads feature advisers who custody with Schwab.
The case serves as a reminder to 401(k) record keepers that they may be considered fiduciaries even without exercising discretion over plan assets.
Indexed and variable annuities are likely to get a big bump in sales if the rule is delayed until July 2019.
Two recent enforcement actions highlight how the brokerage watchdog is upping its scrutiny and is unlikely to relent.
