SEC's sole Democrat is said to be leaving

SEC's sole Democrat is said to be leaving
Robert Jackson Jr. is expected to join NYU Law School.
APR 17, 2019

Robert Jackson Jr., the only Democrat on the Securities and Exchange Commission, is expected to leave his post later this year, according to a report by The Wall Street Journal. Mr. Jackson is expected to join New York University Law School for the fall semester, the paper said, based on an email from the institution's dean, Trevor Morrison. (More:​ SEC member Robert Jackson Jr. calls for 'bipartisan' Regulation Best Interest) Mr. Jackson, who formerly taught at the Columbia University law school, became an SEC commissioner in January 2018 and his term ends in June, although he is eligible to remain at his position until the end of 2020, when the current Congress ends.

Latest News

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave