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The Best Interest Rule Will Be Implemented…

The Best Interest Rule Will Be Implemented…

(Washington)

The SEC received over 6,000 comment letters in its public comment period for its new best interest rule. The regulator is currently reviewing those, but the big question is what is the rule's implementation timeline? A top director at the SEC recently declined to comment on a timeline, saying "We are in the process of going through comments to see what changes if any we should be recommending", but refused to give a date.

FINSUM : The anecdotal evidence and chatter we are hearing is that the SEC is going to try to move quickly to finalize and implement this rule. Stay tuned.

  • SEC
  • DoL
  • fiduciary rule
  • best interest

    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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