01.06.25

Industry Pushes Back on Proposed Curb on 'Advisor' Title

by: Alex Padalka

The North American Securities Administrators Association's (NASAA) proposal to restrict the use of the "advisor" title is facing pushback from the financial services industry while consumer and investor advocacy groups throw their support behind the measure. In November, NASAA published a request for comment regarding the proposal, which aims to incorporate the U.S. Securities and Exchange Commission's Regulation Best Interest and bar "misleading uses of the title ‘advisor.’"

Read the full article on Financial Advisor IQ