Filed Under:Life Insurance, Life Planning Strategies

Hearing Set on SRO Proposal

Rep. Spencer Bachus, R-Ala. (AP Images)
Rep. Spencer Bachus, R-Ala. (AP Images)

The House Financial Services Committee will hold a hearing on either June 6 or 7 on proposed legislation that would establish a self-regulatory organization (SRO) for investment advisors.

The legislation is being pushed by Rep. Spencer Bachus, R-Ala., chairman of the committee. According to Investment News, a markup of the bill by the committee is likely by the end of June.

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Nichole Morford

Nichole Morford
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