SEC chief Mary Jo White says the agency is working on a rule to raise investment advice standards for brokers, but other rules, like crowdfunding, will come first. What gives?
Chairman Mary Jo White says the Securities and Exchange Commission will zero in on minor missteps to stop larger violations. The upshot? Look for more enforcement action.
Others also dinged by fee-only definition still argue process is flawed.
'Claimants' lawyers will love it. Defense lawyers will hate it.'
Two Republican lawmakers say the SEC's investor-protection measures for private placement ads limit free speech. The response from one state securities cop? "Absurd!"
Move would require brokers to meet the same standard that RIAs meet — putting best interests of clients first.
The former Senator and Governor is optimistic that Washington can cut a deal
Say even Congress not that stupid.
