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Apr 23, 2014 @ 1:43 pm
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Reporter Greg Iacurci and managing editor Christina Nelson discuss the biggest uncertainties springing from the Fifth Circuit Court of Appeals' decision to vacate the regulation.
Latest news & opinion
Chairman Jay Clayton says 'the sooner the better' when asked when an SEC fiduciary rule will be ready.
Firms that have enjoyed AUM growth because of the runup in stocks may find it hard to adjust to declining revenues if the market suffers a major correction.
Future developments will hinge on whether the Labor Department continues the fight to remake the regulation its own way.
Groups on both sides of the fiduciary debate had plenty to say.
In split decision, judges say agency exceeded authority.