Six fiduciary groups have joined forces to try and ensure the SEC makes the difference between “advisors” and “brokers” explicit when setting standards of conduct for the industry.
The Securities and Exchange Commission plan approved for public comment on Thursday would make it easier to bring new ETFs to market by laying out formal steps for setting up less-complicated funds.
Commonwealth names a new president and COO, one survey finds financial advisor is the most in-demand job in finance and accounting, and Voya advisors can now offer securities-backed lines of credit.
Brian McIntyre, who worked in the self-regulator’s New York office, said FINRA mostly sought to terminate older workers in a September wave of firings.
