Consumer advocates are concerned that fiduciary standard rules won't be strong enough to protect consumers, while registered advisors fear that complex rules will favor bigger firms.
The SEC is being pressed to require public corporations to disclose political donations, a move that could transform the growing world of secret campaign spending. The NYT reports.
Consumer advocates are concerned that fiduciary standard rules won't be strong enough to protect consumers, while registered advisors fear that complex rules will favor bigger firms.
The SEC is being pressed to require public corporations to disclose political donations, a move that could transform the growing world of secret campaign spending. The NYT reports.
President Obama nominated Mary Jo White to lead the Securities and Exchange Commission, tapping an attorney with broad experience in prosecuting white-collar crimes to lead an agency that has a central role in implementing Wall Street reform.