Midterm Elections’ Outcomes Leave Financial Advisors Mostly Happy
Financial Advisor IQNovember 09, 2018
Even though Rep. Maxine Waters, D-Calif. — a vocal critic of the SEC’s proposed Regulation Best Interest — will likely take over as chair of the House Financial Services Committee, “any substantive legislation on a fiduciary advice requirement is going to run into a buzz saw” in the Senate, Duane Thompson, senior policy analyst at fiduciary training firm Fi360, tells the publication.
