{"id":13131,"date":"2017-03-23T16:47:17","date_gmt":"2017-03-23T20:47:17","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=13131"},"modified":"2017-03-23T16:47:17","modified_gmt":"2017-03-23T20:47:17","slug":"sec-chairman-nominee-clayton-not-asked-about-key-adviser-issues-reveals-no-specific-plans","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/sec-chairman-nominee-clayton-not-asked-about-key-adviser-issues-reveals-no-specific-plans\/","title":{"rendered":"SEC chairman nominee Clayton not asked about key adviser issues, reveals no specific plans"},"content":{"rendered":"
March 23, 2017 | by\u00a0Mark Schoeff Jr.<\/a>\u00a0| InvestmentNews.com<\/p>\n After two hours and twenty-five minutes of testimony before the Senate Banking Committee on Thursday, President Donald J. Trump’s nominee to chair the Securities and Exchange Commission, Jay Clayton, remains a blank slate on issues affecting financial advisers.<\/p>\n No lawmaker asked Mr. Clayton about his stance on proposing a fiduciary standard for retail investment advice, which the agency has been mulling since the Dodd-Frank financial reform law authorized it to promulgate such a regulation nearly seven years ago.<\/p>\n Sen. Sherrod Brown, D-Ohio, ranking member of the committee, did briefly mention fiduciary duty during his opening statement.<\/p>\n<\/p>\n