In The News

In Investment Advisor/Think Advisor, Investment Management Counsel David Tittsworth Addresses Complications for the SEC’s Fiduciary Rule

Practices: Investment Management, Investment Advisers, Investment Management Compliance

Capital Insights.

A Jan 29. article published by Investment Advisor/Think Advisor titled “Path to SEC Fiduciary Rule Strewn with Bumps” discusses potential challenges the SEC faces in formulating its own fiduciary rule, and the article quotes Investment management counsel David Tittsworth. Considering the many years of failed efforts by former SEC chairs to get a fiduciary proposal before the Commission, “plus the complex provisions of Section 913 [of the Dodd-Frank Act] and coordination with DOL, it would be hard to come to any other conclusion that the path to a final SEC rule will be very rocky,” Mr. Tittsworth outlines in the article.