More Examination of SEC Advisers is Priority

posted in: SEC Examinations | 0

Mary Jo White, head of the Securities and Exchange Commission, told the House Financial Services Committee that the agency’s top priority is increasing examination of financial advisers. “Significant additional coverage is essential if investors are to be appropriately protected,” she said. The SEC doesn’t have an opinion on whether that should be accomplished through more funding for the agency or creation of a self-regulatory organization, White said.