Stradley Ronon Counsel George Michael Gerstein was quoted in InvestmentNews’ article, “State Efforts on Fiduciary Standards Slow,” discussing the states’ apprehensive approach to proposing their own fiduciary rule while waiting on an SEC proposal.
"Over the last six-to-nine months, a number of states have taken a wait-and-see approach," said George Michael Gerstein, counsel at Stradley Ronon Stevens & Young. "The 2019 legislative session is probably where we would see a response on the legislative front at this point."
To read the full article, click
here (subscription required).