Questions abound in early stages of potential rulemaking to boost oversight.
It depends on what slice of the industry they represent.
Brokers say they already work in clients' best interest, but formalizing it will eliminate their ability to service small accounts.
Piwowar stance makes clear the commission is split
IAA study shows that the top 1% of firms manage more than half of all assets.
There's been no summer break for the SEC, as the regulator's tally for never-examined advisers has been bolstered by a quicker examination process.
Retirement security a top concern for states discussing options for workers whose companies don't offer plans.
SEC scores court victory involving wrap account fees and is making them a priority in exams
Broker-dealers will need to be more selective in finding an auditor who knows the industry.
Delay means the SEC will not act until at least this fall on a Finra proposal that would limit the number of people who qualify as public arbitrators to settle investor disputes.
