Live Breaking News & Updates on Marketcounsel President

Stay updated with breaking news from Marketcounsel president. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Fiduciary Advocates Urge SEC to Take 'Best Interest' Out of Reg BI


Fiduciary Advocates Urge SEC to Take Best Interest Out of Reg BI
A new report from the Institute for the Fiduciary Standard urges the SEC to “rebrand Reg BI as a ‘New Suitability’ standard for broker/dealers” to clarify that brokers’ product recommendations are different from best interest fiduciary advice.
As the Securities and Exchange Commission Chair nominee Gary Gensler awaits his Senate confirmation process, critics of the agency’s Regulation Best Interest acknowledged that new rulemaking would be necessary to enact the changes they sought, according to participants on a conference call hosted by the Institute for the Fiduciary Standard this week. ....

United States , Brian Hamburger , Barbara Roper , Ron Rhoades , Knut Rostad , Donald Trump , Gary Gensler , Joe Biden , Exchange Commission , Kentucky University Gordon Ford College Of Business , Institute For The Fiduciary Standard , Consumer Federation Of America , Exchange Commission Chair , Regulation Best Interest , Fiduciary Standard , President Donald Trump , President Joe Biden , Institute President Knut Rostad , Western Kentucky University , Gordon Ford College , Marketcounsel President , New Suitability , Consumer Federation , Frank Act , ஒன்றுபட்டது மாநிலங்களில் , பிரையன் ஹாம்பர்கர் ,