Jonathan Sokobin, the regulator's chief economist, will bring together a group of small firms to better understand costs and benefits of the proposal.
Group will advance recommendations, with a key focus on cost versus benefit.
Today's <i>Breakfast with Benjamin</i> menu covers the U.S. dollar threatening to knock markets off balance, riding an ETF back into commodities, retirement plans turning on the Pimco Total Return Fund, and more.
Finra proposal bashed as an 'envelope-stuffer'
The role moving to the SEC would require brokers to put written procedures in place to verify the accuracy of applicants' U4 forms.
Advocate urges SEC leader to move ahead with split commission.
Consensus may never be reached, with Gallagher and Piwowar already against it.
Median sale price of existing homes rose more than 5% in September
Successfully addressing the post-accumulation phase and providing simplicity still difficult for the industry.
SWS Financial Services charged with green-lighting variable annuity applications without proper review for suitability.
As a first step, communication and coordination between advisers, regulators needs to be improved.
Many advisers are conversant, but not fluent, in claiming strategies and rules.
Other issues state regulators are tackling include expungement, broker fee disclosures and REIT concentration in portfolios.
He had been in contention to succeed Benmosche as head of AIG.
As people live longer, the distribution phase becomes more critical
Outages are a fact of life, but most are short-lived.
Bringing awareness of the financial planning profession to college campuses requires a combination of ingredients
But consensus for one standard building among thought leaders and decision makers
Finra's latest proposal to bring transparency to broker recruitment bonuses doesn't help the investing public
Calling a broker an adviser is dangerous, and it's time to embrace the black-and-white distinction.
