The end result could be a shortage of professionals who are willing to help smaller investors.
Estimated reading time: 0 minutes, 19 seconds
SEC Commissioner Says Best Interest Reg Could Harm Investors
Securities and Exchange Commissioner Hester Peirce maintains that the regulator’s proposed Regulation Best Interest, or Reg BI, for brokers, could accelerate the trend of brokers becoming registered investment advisors who focus on larger investors. So reports Think Advisor.
Most Read
-
-
Feb 21 2011
-
Written by Administrator
-
-
-
Nov 07 2012
-
Written by Administrator
-
-
-
Mar 09 2013
-
Written by Staff Writer
-
-
-
Nov 07 2012
-
Written by Administrator
-