Law 360 – In a story about SEC Chair Gensler’s hires, Healthy Markets Executive Director Tyler Gellasch is quoted saying “They’re very engaged in the policy and regulatory debates, but they’re very much not the traditional industry insiders who often staff up agencies. It’s a strong statement that the Chair is focused on restoring the commission to what it has long claimed to be, the investors’ advocate.” Additionally Mr. Gellasch said “There is nobody who has greater expertise on the duty of care obligations for brokers and investment advisors than Barbara Roper. “You may agree or disagree with her, but there’s nobody who’ll say they have a better handle on how the rule can and can’t protect advisors.” (Full Story).
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