Conferences and Speeches

SIFMA Regulation Interest Seminar

July 10, 2019

Morgan Lewis’s partner David Boch spoke on the panel “What’s Next” on July 10, during the Securities Industry and Financial Markets Association (SIFMA) in-depth, half-day seminar and webcast which discussed the US Securities and Exchange Commission's (SEC) final Regulation Best Interest. The panel focused on the overview of the broader regulatory landscape including: prospective state regulations (e.g., Nevada, New Jersey, etc.) and private standards (i.e., the CFP fiduciary standard); prospective legal challenges to Reg BI and/or federal preemption challenges to state regulatory standards; and DOL’s prospective regulatory response to Reg BI.

The afternoon program featured a keynote address, opening remarks by SIFMA CEO Ken Bentsen, a conversation with SIFMA General Counsel Ira Hammerman and panels of practitioners providing insight on:

  • Regulation Best Interest
  • Form CRS
  • SEC Guidance on Investment Advisers’ Fiduciary Duty and the “Solely Incidental” Prong under the Advisers Act
  • What’s Next? (including state-level fiduciary proposals, US Department of Labor action and more)