Brokers Likely to Get a Break From Complicated Trump SEC Rules
- Analysts mostly like SEC proposal, caution it will take time
- Brokers and others exposed to the original DOL rule climb
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Analysts see the U.S. Securities and Exchange Commission’s proposal to overhaul its conflict-of-interest rules for brokers as positive for the industry. At the same time, they caution that the proposal is lengthy and will take time to fully interpret.
Here’s a sample of analyst commentary: