No new SEC regulations expected before the Trump administration takes office

Securities and Exchange Commission (SEC) Chair Mary Jo White stated in testimony before the House Financial Services Committee that she did not believe the SEC will attempt to rush through regulations before Donald Trump is inaugurated in January. Ms. White said: “I don’t see any last-minute rushes. I intend to carry out the agenda I released in February 2016 as much as I can. I don’t think there’s consensus to move forward on the current commission.” This means new rules on investment advice standards will have to wait until the new administration is in office.

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