FIDUCIARY DUTY: Fiduciary duty, potential adviser SRO get their day in the sun
For the first time since the Dodd-Frank financial reform law was enacted 14 months ago, Congress will formally…
For the first time since the Dodd-Frank financial reform law was enacted 14 months ago, Congress will formally address the topics of fiduciary duty for retail investment advice and a potential self-regulatory organization for advisers. The House Financial Services Capital Markets subcommittee will hold a hearing on Sept. 13 focused on Securities and Exchange Commission studies on fiduciary duty and adviser oversight. Both reports were mandated by Dodd-Frank. Here’s an advisory on House panel’s September schedule.
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