The SEC gets in on the action of establishing “conduct standards” following the Fifth Circuit’s decision striking down the DOL Fiduciary Rule, several high-level SEC position changes, the ICI is granted no-action assurance to protect seniors, and the SEC makes a “fake news” initial coin offering in the name of education . . . This is Your Quarterly Briefing.
Daphne Chisolm and Cyndie Baughman are attorneys that each have over 20 years of experience in the financial services and investment management industry. Ms. Chisolm has particular expertise in the area of exchange-traded funds. Ms. Baughman and Ms. Chisolm have been colleagues for nearly their entire careers and worked together at Dechert, LLP in Washington D.C.