WASHINGTON -- Of the many policy issues surrounding the investment advisor sector, few are more charged than the question of where regulatory authority should properly be housed.

Those clashing viewpoints were on full display here at the annual advocacy summit hosted by the Financial Services Institute, a two-day event that has compelled teams of advisors from all across the country to Capitol Hill in a lobbying blitz that will involve visits with the offices of more than 260 senators and representatives.

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