Sound Off: Why the Investment Advisers Act Still Matters
October 6, 2015 4:46 PM
Sound Off: Why the Investment Advisers Act Still Matters
The SEC marked the 75th anniversary of the landmark Investment Advisers Act and Investment Company Act with a day-long conference at its headquarters in Washington.
Throughout the event, a host of current and former regulators, industry luminaries, academics and others considered the impact of those two statutes on RIAs and the fund industry.
So what did they have to say? Click through to see a few choice quotes from the event or see the single page version here. --Kenneth Corbin
Throughout the event, a host of current and former regulators, industry luminaries, academics and others considered the impact of those two statutes on RIAs and the fund industry.
So what did they have to say? Click through to see a few choice quotes from the event or see the single page version here. --Kenneth Corbin
Sound Off: Why the Investment Advisers Act Still Matters
Boston University law professor and fiduciary expert Tamar Frankel on the legacy of the 1940 statutes.
Sound Off: Why the Investment Advisers Act Still Matters
SEC Chairman Mary Jo White, on the balancing act the laws have created for regulators.
Sound Off: Why the Investment Advisers Act Still Matters
Former SEC Chairman Richard Breeden, a free-market advocate, on the importance of some baseline regulation to oversee advisors and asset managers.
Sound Off: Why the Investment Advisers Act Still Matters
Vanguard founder Jack Bogle, on the proliferation of niche funds in the asset-management industry, warning that they create unnecessary risks for investors.
Sound Off: Why the Investment Advisers Act Still Matters
Morningstar Managing Director Don Phillips, on investors' often irrational approach to the markets.
Sound Off: Why the Investment Advisers Act Still Matters
Former SEC Chairman Harvey Pitt on the shortcomings of the disclosure regime for advisors and funds.
Sound Off: Why the Investment Advisers Act Still Matters
Rick Fleming, the SEC's investor advocate, cautioning about the need to protect unsophisticated fund investors.
Sound Off: Why the Investment Advisers Act Still Matters
Jameson Baxter, chair of the Board of Trustees of the Putnam Mutual Funds, on the role of a fund company's independent board.
