SEC Chairwoman Mary Jo White says agency mulling fiduciary duty
Staff recommendations on a potential rule to raise retail investment advice standards are being considered by commissioners, but a proposal is not imminent.
Securities and Exchange Commission members are mulling a staff report on a potential rule to raise retail investment advice standards, but the agency is not any closer to taking action, SEC Chairwoman Mary Jo White said Monday.
“My fellow commissioners have a very detailed outline of the staff
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