Financial Planning Coalition Urges Congress to Restore Investor Confidence with Key Regulations

On March 24, 2011, the Financial Planning Coalition sent a letter to members of Congress strongly urging them to support moving forward with key regulations that will help restore the investor confidence in our capital markets that is critical to leading America toward recovery. The Coalition noted that the SEC is now in position to conduct a rulemaking to require that all financial advisors put their clients’ interests ahead of their own when they give personalized investment advice, an initiative the Coalition backs and considers to be a common-sense reform called for in the study.