Whether investment advice should be regulated at the federal level has remained a contentious issue since at least the passage of the 1940 Investment Advisers Act, when Congress injected the Securities and Exchange Commission (SEC) into what had previously been a common law driven regulatory regime. Dodd-Frank’s Section 913 again inserts SEC into the process by requiring the SEC to study whether investment advisers and broker-dealers should be held to similar standards of conduct. Panelists will examine both the rationales for the current regulatory framework for investment advisers and whether that framework should be merged with the existing standards applied to broker-dealers.
This event is co-sponsored by the Institute for the Fiduciary Standard.
| 10:30 - 11:45 a.m. |
Panel 1: The Regulation of Investment Advice Moderator: Mark Calabria Director, Financial Regulation Studies, Cato Institute Hester Peirce Senior Research Fellow, Mercatus Center, George Mason University David Tittsworth Executive Director, Investment Adviser Association Paul Sherman Attorney, Institute for Justice  Watch the Event in QuickTime (M4V) Download a Podcast of the Event (MP3) |
| 12:00 - 1:15 p.m |
Panel 2: The Fiduciary Standard, for Advisers and Brokers? Moderator: Knut A. Rostad President, Institute for the Fiduciary Standard Harvey Pitt Former Chairman, U.S. Securities and Exchange Commission Marcus Stanley Policy Director, Americans for Financial Reform Ron Rhoades Assistant Professor, Alfred State College, SUNY College of Technology Watch the Event in QuickTime (M4V)Download a Podcast of the Event (MP3) |
