Estimated reading time: 0 minutes, 27 seconds
SEC Fiduciary Rule Won’t Happen During Obama Presidency
- Sunday, Jun 19 2016
- Regulatory & Compliance
- Written by PFA News
The Securities and Exchange Commission is unlikely to adopt a uniform fiduciary standard prior to the end of the Obama presidency. In the meantime, the regulator will observe the Department of Labor’s fiduciary rule, says SEC Chief Mary Jo White. So reports ThinkAdvisor.