Will the SEC Ever Do What Dodd-Frank (Sort of) Told It to Do?
November 20, 2015
Dodd-Frank, a wide-ranging body of financial-reform legislation that passed into law half a decade ago, ordered the SEC to study the option of making brokers adhere to the fiduciary standard — and, if it proves feasible, to make it a rule. Do you think the SEC will ever get around to the second part of this mandate? Tell us why or why not in the comments.