SEC Waging Enforcement ‘War’ on Advisors: Giachetti

Tom Giachetti of Stark & Stark says the SEC and its chairwoman Mary Jo White are the ‘most aggressive’ he’s ever seen

The most important word to advisors these days is fiduciary, according to Tom Giachetti, chairman of the securities practice at Stark & Stark.

What that means is that advisors are responsible and regulators like the SEC will hold you to it. "You can't blame anybody.  MORE