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An open question is how the latest effort by the agency would coordinate with the Department of Labor.

Farley is vice president and cyber risk practice leader at HUB International. He has 23 years of experience in insurance and risk management. He is the internal lead resource for pre- and post-data breach services. Farley frequently speaks at cyber risk seminars and symposiums, and is an accomplished editorial contributor and thought leader on cyber risk management.

The outflows have rekindled a popular concern that the funds could portend the start of a liquidity crunch.

Marty Puranik is founder and CEO of Atlantic.Net.

Jason Fordham is vice president of product at SmarterHQ.

The challenges of new regulations may actually allow independent firms to grow and thrive—particularly those which embrace these four advice-centric features.

Robert Moore is the CEO of Cetera Financial Group

Vidisha Suman is a principal in A.T. Kearney’s Digital Transformation Practice and leads A.T. Kearney's Women@Digital Initiative. Vidisha is based in A.T. Kearney’s Chicago office and can be reached at Vidisha.Suman@atkearney.com.

Joshua Swartz is a principal in A.T. Kearney’s Digital Transformation Practice. Joshua is based in A.T. Kearney’s New York office and can be reached at Josh.Swartz@atkearney.com.