In comment letter, Investment Adviser Association criticizes SEC advice rule for net capital, account statement and licensing requirements.
Industry lobbyist suggests regulator avoid 'prescriptive' language for mitigating conflicts.
Although measure died in June, Massachusetts case against Scottrade lives on.
Regulator says move will ensure unified approach in charging, sanctions.
Sen. Elizabeth Warren presses him on his stance on broker conflicts of interest.
If party takes over House in 2019, look for increased pressure on the regulator for a stricter duty.
Warren, Booker, Brown say Finra's interpretation could determine whether measure has teeth.
Roundtables across country limited to those selected by the agency.
State insurance commissioners don't include life products in their annuity suitability reform.
