SEC Chair Clarifies Best Interest Standard

[caption id="attachment_111540" align="alignleft" width="152"] Jay Clayton Securities and Exchange Commission (SEC) Chair[/caption] While testifying in front of the House Financial Services Committee, the Chairman of the Securities and Exchange Commission (SEC) attempted to clarify a…

SEC Chair Sells New Best Interest Rule on…

[caption id="attachment_111540" align="alignleft" width="148"] Jay Clayton Securities and Exchange Commission (SEC) Chair[/caption] The implementation of a new best interest standard for broker/dealers is necessary, the Chairman of the Securities and Exchange Commission (SEC) stated. “I…