Dodd-Frank

XY Planning Network, et al. sued the SEC in federal court, claiming its “best interest” regulation of July this year circumvents a key goal of the Dodd-Frank Act by allowing broker-dealers to “maintain harmful conflicts of interests while being able to market themselves as trusted advisers acting in their client’s best interests.”

MANHATTAN — XY Planning Network, et al. sued the SEC in federal court, claiming its “best interest” regulation of July this year circumvents a key goal of the Dodd-Frank Act by allowing broker-dealers to “maintain harmful conflicts of interests while being able to market themselves as trusted advisers acting in their client’s best interests.”

Categories / Economy, Financial, Government

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Dodd-Frank

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