The SEC is also still dithering over rules for the JOBS Act, which would allow crowdfunding for stock offerings and fiduciary rules for brokers.

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In tandem with these necessary reforms are rules governing fiduciary responsibility for retirement plans and brokers.

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The fiduciary standard implies that rules and regulations will guard against fraud, bad investment advice, or excessive fees.

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The agency is sitting on two extremely important rules for individual investors: Crowdfunding (JOBS Act) and fiduciary duty (Dodd-Frank).

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