In re The Boeing Company Securities Litigation
Court: U.S. Court of Appeals (Fourth Circuit) Amicus Issue: Whether class action plaintiffs can satisfy the requirements of Comcast Corp.…
Summary
Testimony of Kenneth E. Bentsen, Jr., President and CEO, SIFMA before the United States Department of Labor (DOL) on a proposed ‘Conflict of Interest’ rule.
SIFMA’s testimony outlines our concerns with the proposed rule and its potentially harmful impact on investors, while reiterating our longstanding support of a best interest or uniform fiduciary standard of care for brokers and advisors when providing personalized investment advice.
See Also:
- U.S. DOL Public Hearing Agenda – Conflict of Interest Proposed Rule
- SIFMA’s Press Release: SIFMA’s Bentsen Raises Concerns with Proposed Retirement Regulation at DOL Hearing (August 10, 2015)
- SIFMA’s Comments to the DOL on Its Fiduciary Rule Proposal – Executive Summary (July 20, 2015)
- SIFMA’s DOL Fiduciary Resource Center
More Submissions
Type:
Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend Equity 7, Sections 114 and 118
SIFMA provided additional comments to U.S. Securities and Exchange Commission (SEC) in response to The NASDAQ Stock Market LLC’s (“Nasdaq”)…
Type:
Regulation S-P: Privacy of Consumer Financial Information and Safeguarding Customer Information (Joint Trades)
SIFMA, SIFMA AMG, American Bankers Association (ABA), Bank Policy Institute (BPI), Institute of International Bankers (IIB), Investment Company Institute (ICI),…