Broker-dealers could be given a higher fiduciary standard

more+
less-

Less than a week after President Obama signed Dodd-Frank financial reform law, the U.S. Securities and Exhange Commission began soliciting comments from the public on one of the bill's more controversial topics: Whether securities brokers and dealers should be held to the same fiduciary standard that applies to registered investment advisers.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Elections & Politics Updates, Finance & Banking Updates, Government Contracting Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Lane Powell PC | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »