PHOENIX – The fight for an expanded fiduciary duty is moving to the SEC — but it by the time the regulator moves forward, it almost might not be necessary, according to fiduciary advocates.

Because firms will be seeking to comply with the Department of Labor’s rule in the coming months, many may adopt a fiduciary stance across all accounts they serve, in order to simplify compliance operations.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access