It's been a while since we did a Fiduciary Links post, as we've been most of our linking via our Twitter account. But with all the movement this week on legislative and regulatory reform, we thought we should compile them in one place:
- The 401(k) Fair Disclosure for Retirement Security Act was approved in subcommittee today. Related to this, view the hearing recap, learn more about the Act, and see our letter of support.
- In the same hearing, the Conflicted Investment Advice Prohibition Act was also approved.
- SEC's Target-Date funds hearings will be tomorrow. Announced panelists include AIF designee Claiborne B. Morton III, friend of fi360 Lou Harvey of Dalbar, and New Frontier Advisors' Dr. Richard Michaud, co-developer of Resampled Efficiency, which is the optimization technique utilized in our very own Asset Allocation Optimizer. Both the SEC and DOL will have live webcasts from their websites tomorrow.
- President Obama announced his plan for financial regulatory reform. Here are the basics. Here's the WSJ comprehensive overview. Here's commentary from The Economist.
- Senator Jack Reed (D-RI) introduced hedge fund regulation legislation. The Compliance Building blog reminds us of two other bills addressing the same issue.
Of course, stay tuned as we are drafting our responses to a number of these bills as well as initiating other advocacy efforts. Our advocacy page tracks these initiatives as well as lets you know how you can lend your voice.
Finally, if you aren't already doing so, make sure to follow us on Twitter. We're building a great network of fiduciary-minded followers and putting out the best links that come through here each day.
Comments