Tag Archives: fiduciary rule

SEC ‘Best Interest’ Proposal Reflects ABA-Supported Principles

In a comment letter to the Securities and Exchange Commission today, ABA offered feedback on the SEC’s proposal to implement a “best interest” standard of conduct for broker-dealers when making recommendations on securities transactions or investment strategies to retail customers. The SEC’s proposal would represent a different approach from the Labor Department’s fiduciary rule, which was vacated earlier this year ...

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House Panel Passes Eight ABA-Backed Bills

The House Financial Services Committee today advanced eight ABA-backed regulatory reform bills, including several that ABA and the state bankers associations have long championed as part of ABA’s Blueprint for Growth.

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