SEC Moves Closer to ERISA Fiduciary Standard

Though the jury’s still out on whether the SEC and DOL will ever come to an agreement on a uniform standard of conduct for retirement advice givers, the Securities and Exchanges Commission appears to be inching toward the Department of Labor’s ERISA higher standards of care. A new article in Corporate Compliance Insights suggests the SEC’s inspection and enforcement department is moving in the direction of accepting regulations set to ERISA’s higher standards. Learn more here.