Regulation Best Interest

The SEC published more than 1,300 pages of regulatory information. Here's what advisors need to know.

To stand apart from broker-dealers, advisors may not need tougher rules, but smarter marketing.

Reports of the death of fiduciary differentiation have been greatly exaggerated, contends fiduciary advocate Knut Rostad.

The SEC rule was based on a flawed assumption and fell far short of what it promised. As a result, states are forging ahead with their own fiduciary rules.

Though designed to raise standards for broker-dealers, the SEC’s 564-page rule sent ripples throughout the advisory industry.

The SEC’s 564-page rule shows the new disclosure could prove time-consuming, even vexing, for firms.

The group cited "confusion" among certified planners sparked by passage of the SEC's less-strict Regulation Best Interest.

The chairman dismisses criticism as misguided, but leading investor advocates say he is misstating their views and glossing over real regulatory problems.

The chairman says the commission is working closely with FINRA on inspection plans to hold brokers to account.

“We are not delaying and we are not changing the standard,” Chairwoman Susan John says of pressure to weaken the board’s tougher guidelines in line with the SEC’s Reg BI.