Trade Associations
Financial Services Institute Launches Major Fiduciary Counter-Campaign In Washington
With the fiduciary status of 401(k) plan advisors now back in question, the pro-broker Financial Services Institute is hitting Capitol Hill with a vengeance to get its views on the public record.
FSI representatives have scheduled some 200 meetings with various congressmen and congresswomen over the next week.
They aim to clarify their concerns about whether new rules for fiduciaries will squeeze commission-based advisors out of the retirement plan market.
They're also going to be pushing the self-regulatory organization for RIAs, which they think is a fine idea. Most
Three Months To A Universal Fiduciary, Two Years To An RIA SRO?
Timing is everything in Washington, and some of the industry's veteran lobbyists say the road to closely watched new regulation is becoming clear.
Financial Planning Coalition Urges Congress To Reconsider SRO For Advisors
The Financial Planning Coalition wasn't invited to send a representative to Congress to argue against moving advisors to a self-regulatory structure, but they sent a statement anyway for the record.
A Lot Of Axes To Grind In Advisor Regulatory Panel: RIA SRO Only The Tip Of The Iceberg
It's revealing that for Congress and even within the industry and the SEC itself, Bernie Madoff still looms larger than all the RIAs in the business put together.
Q&A Will Be Key In Today's SRO Hearing, But You Can Read The Testimony Now
Today's Congressional panel on advisor oversight may not change any minds in Washington on who should regulate RIA firms, but it gives us all a chance to see what individual representatives are thinking.
More Articles ...
- Scheduled Congressional Testimony Strongly Tilted Toward An RIA SRO
- Fiduciaries In Focus With New Think Tank, Academic Advisory SRO
- Pro-IBD Financial Services Institute Expands Its Lobbying "War Chest"
- Financial Services Institute Clarifies Its Use Of "Independent Financial Advisor," Stance On RIA SRO
