SEC Chairman Clayton Issues Statement on Investment Professionals Rulemaking
August 22, 2018
August 22, 2018
WASHINGTON, Aug. 22 -- The Securities and Exchange Commission issued the following statement by Chairman Jay Clayton on investor roundtables regarding standards of conduct for investment professionals rulemaking:
"In April 2018, the Commission proposed for public comment a significant rulemaking package designed to serve our Main Street investors that would (1) require broker-dealers to act in the best interest of their retail customers, (2) reaffirm and in some cases clarify t . . .
"In April 2018, the Commission proposed for public comment a significant rulemaking package designed to serve our Main Street investors that would (1) require broker-dealers to act in the best interest of their retail customers, (2) reaffirm and in some cases clarify t . . .