WASHINGTON -- As the SEC scrambles to work through a litany of regulatory issues stemming from the Dodd-Frank and JOBS acts, two issues advisors have been closely watching are near the top of that to-do list; namely, efforts to expand oversight of RIAs and enacting stabilizing reforms for money market funds.

At the Investment Company Institute's General Membership Meeting on Thursday, SEC Chairman Mary Jo White gave a regulatory update on the commission's activities, reiterating her appeal for greater funding to bolster oversight of advisors. Last year, the commission examined just 9% of RIAs.

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