Posted by on July 17, 2017
Blaine Aikin, AIFA®, CFA, CFP®, Executive Chairman of Fi360
Duane Thompson, AIFA®, Senior Policy Analyst at Fi360
SEC Chairman Jay Clayton grabbed headlines when he announced that the Commission would seek to “engage constructively” with the DOL as each agency pursued standards of conduct for advisors. This raises questions about how the two agencies will work together, what it might mean for the fiduciary standard, and how Congress might also factor into the discussion.