Securities and Exchange Commission members also reiterate their concerns about virtual money.
Fiduciary advocates hope Democrats will continue to hold the line against the provision
Senior reporter Mark Schoeff Jr. speaks with Investment Adviser Association CEO Karen Barr about what's to come now that the SEC has a full commission, including how the agency might proceed on its fiduciary rule.
Organization showcases support from pro-fiduciary consumer groups, but not everyone is on board.
Senate confirms Preston Rutledge to key Labor Department role, while Hester Peirce and Robert Jackson Jr. join SEC as commissioners.
Compliance experts say the changes would focus enforcement on investor harm.
Under second proposal, CFP Board tweaks pre-engagement client disclosure, clarifies rules for non-financial-planning advice.
Broker-dealer regulator's effort to be more transparent about finances stems from ongoing self-evaluation.
Legislation would eliminate itemized deduction for investment advice fees, give income tax breaks depending how a business is structured, and allow for continued stock-sale flexibility.
Founder, Nazrudin Project
