Kenneth Corbin

Michael Kitces, co-founder of XY Planning Network, says the group is mulling its options after a federal court struck down the organization’s lawsuit against the SEC rule.

A Democratic-led SEC could revisit Reg BI, advocacy groups and industry observers say.

Lawsuit claims woman advisor was denied revenue opportunities and administrative support amid an alleged climate of harassment and discrimination.

XY Planning Network and coalition of states are asking court to overturn advice regulation they say holds brokers to lesser standard.

Despite coronavirus, exams on new regulatory package are going to start, the commission says in new risk alerts.

Overuse of “may” instead of “will” and gauzy formulations in disclosures won’t cut it despite the halt to in-person exams, an SEC official says.