Posts tagged Chairman Rick Ketchum.
SEC Chair Mary Jo White said yesterday that the SEC needs to move forward on a uniform fiduciary standard for the financial industry, including brokers. Addressing the annual meeting of the Securities Industry and Financial Markets Association, White said it's high time to act since the agency has studied the issue for years, "decades really." And while she welcomes input from the Department of Labor, the SEC is the agency to adopt the rule, because it is the primary regulator with the greatest depth of knowledge about the industry - a sentiment echoed Monday by FINRA Chairman Rick ...
Posted in: SEC
Tags: Chairman Rick Ketchum, Fiduciary Rule, fiduciary standard, finra, mary jo white, SEC, Securities Industry and Financial Markets Association, Uniform Fiduciary Standard