Barney Frank Tells AdvisorOne: No to Bachus' SRO

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Barney Frank Tells AdvisorOne: No to Bachus' SRO

Dec 01, 2011

While [Rep. Barney Frank, D-Mass., ranking member on the House Financial Services Committee,] will remain a tough and influential legislator throughout 2012, his status as a ranking member on the financial services committee likely won't prevent an SRO bill from being reported out of his committee. However, his objections to such legislation "can create a strong partisan bill" that reaches the House floor and "sends a signal" to the Senate about the problems associated with an SRO, Marilyn Mohrman-Gillis, managing director of public policy for the Certified Financial Planner Board of Standards, told AdvisorOne. Read more >

Melanie Waddell
December 1, 2011

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