Month: June 2018

There has been much debate regarding the adoption of a fiduciary standard for brokers. In contrast, investment advisers have long been subject to such to such requirements. Brokers are, however, required to have a reasonable basis when they make a …

SEC, Wells Fargo Advisors Settle Sales Practice Charges Read More »

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The Securities and Exchange Commission stayed its administrative proceedings in the wake of the Supreme Court’s decision in Lucia v. SEC, No. 17-13- (U.S. June 21, 2018). The Order stays the proceedings for “30 days or further order of the …

SEC Stays Administrative Proceedings Read More »