SEC expected to start with fiduciary rule, then SRO:

Kevin Carroll, associate counsel for SIFMA, said adoption of a uniform fiduciary rule for brokers and investment advisers is likely to come before the selection of a self-regulatory organization for advisers. Meanwhile, an insider at the SEC said the agency probably won't issue a new fiduciary standard for broker-dealers soon.

View Full Article in: · InvestmentNews (free registration)

Published in Brief: