The Supreme Court issued a trio of decisions over the past week that put new checks on federal agencies’ regulatory powers. The rulings cap off a momentous term for the court that stands to reshape financial regulation in the coming years.
The three decisions issued Monday and on Thursday and Friday last week dealt a body blow to the administrative state, and may spur a wave of new litigation. And while they may reduce regulatory oversight over the wealth management industry in coming years, they are likely to increase compliance…
Supreme Court Curbs Regulators’ Power. What It Means for Financial Advisors. #Supreme #Court #Curbs #Regulators #Power #Means #Financial #Advisors
Source Link: https://www.barrons.com/advisor/articles/supreme-court-sec-regulatory-powers-curbed-a450f466
Supreme Court Curbs Regulators’ Power. What It Means for Financial Advisors. – Journal Global Online
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