14. Potential for new rules for financial advisers
Regulators will be given the authority to require all financial advisers to act in their clients' best interest - although nothing will be done until after a six-month SEC study into whether current regulations are good enough. The intent of the rules would be to dissuade financial advisers from steering their investors' money into mutual funds or college savings plans that pad their firms' profits or commissions.
Related: Customers given more protections