Updated Friday, September 19, 2014 as of 11:54 AM ET

10 Power Players for 2013

A bill to remove regulatory duties of RIAs from the SEC and give it to a self-regulatory organization (SRO) has been languishing in Congress since it was introduced in April. Another bill that proposed funding the SEC's examinations by collecting "user fees" from the advisors has suffered a similar fate. Neither got a lot of attention amidst election season and the wrangling over the fiscal cliff. Media reports suggested that the long-standing issue would continue to linger this year, as Congress deals with the thorny issue of reining in the deficit. Plus, new SEC Commissioner Elisse Walter must finish two jobs mandated by Congressódrafting new rules mandated by Dodd-Frank and the JOBS Actóbefore turning her attention to anything else.

Get access to this article and thousands more...

All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.

Already Registered?

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here