The SEC offers no evidence investors will benefit from Reg BI beyond vague, unsupported assertions
The SEC offers no evidence investors will benefit from Reg BI beyond vague, unsupported assertions
Brian Hamburger: The SEC is not proposing harmony; it's proposing equalization
But the agency's proposal does not require brokers to be fiduciaries for clients, instead establishing an undefined "best interest" rule.
Is the agency's proposed Best Interest Standard really in the best interest of investors?
