Peter Driscoll, the SEC's Division of Examinations director, said some firms had not responded to the commission even after multiple attempts to reach them.
The Department of Labor also announced it would not enforce a rule concerning proxy voting, saying it had heard from stakeholders that the rules had a 'chilling effect on appropriate integration of ESG factors in investment decisions.'
Join Advisor Group’s Executive Vice President of Business Coaching & Consulting Kirk Hulett and Founder/President of Affiliated Advisors Rita Robbins on March 25th as they share the three proven steps to developing prosperous centers of influence and professional partnerships in your community.
Well known to many financial advisors, the longtime director of Raymond James' Advisor Choice Consulting was remembered by dozens of industry colleagues on social media.
International investors, including pension funds and SWFs, continue to target U.S. commercial real estate as part of their asset allocation strategies.
