Stewardship Standards

Vincent explores the debate of Industry Standards, Duties, Best Practices and Regulatory Trends

The views and opinions expressed in this blog are those of Vincent Micciche and do not necessarily reflect those of LifeMark Securities

Vincent Micciche CRCP, GFS, L5

SEC Chairman Clayton recently surprised the financial services industry by boldly announcing that the Commission plans on introducing a Uniform Fiduciary Rule by mid-year. Supporters and opponents alike were surprised by the timetable and agree it’s very ambitious and likely to spur a new round of legal challenges.

Will this become the European Union’s version of our DOL Fiasco?

As we ring in 2018 chaos looms in the financial services industry in the EU as they roll out regulatory changes that are believed to be the most dramatic in more than 10 years. The legislation has been evolving since its introduction in 2007 and is slated for roll out January 3, 2018.