Washington insiders involved with advisor issues are predicting tougher Securities and Exchange Commission enforcement actions and a rollout of President Obama’s myRA savings plan that will be so successful it will become a model for the states.

To get the Washington forecast for the year ahead on advisor concerns, we asked Investment Adviser Association President and CEO Karen Barr, Employee Benefit Research Institute President and CEO Dallas Salisbury, Insured Retirement Institute President and CEO Cathy Weatherford, AARP top lobbyist David Certner, and National Association of Insurance and Financial Advisors lobbyist Judi Carsrud.

Here are our experts' predictions for the SEC, the Department of Labor, Treasury, Congress, the Supreme Court and the Commodity Futures Trading Commission.

Securities And Exchange Commission

IAA President and CEO Karen Barr

“The SEC will continue to ramp up its enforcement cases against investment advisors, including cases involving allocation (cherry picking) and aberrational performance, as well as its broken windows initiative targeting rule violations that do not necessarily result in investor harm.

“The SEC will place greater emphasis on risk management by advisors. We predict regulatory movement in terms of more data gathering, especially collecting data on separately managed accounts, to fill perceived data gaps. This initiative may come via proposed amendments to Form ADV.

“Chair Mary Jo White recently announced that the SEC may act on transition plans so that advisors are prepared for loss of key personnel, dissolution or a major business disruption; annual stress testing by large investment advisors and large funds; and a focus on addressing systemic risks in the financial system. The “SEC may also consider refinement of accredited investor qualifications. At this point, I have gotten out of the business of making predictions about the SEC’s fiduciary rulemaking.”

EBRI President and CEO Dallas Salisbury

“The SEC will complete action on executive compensation reporting.”

President and CEO Cathy Weatherford

“The Securities and Exchange Commission will adopt a variable annuity summary prospectus rule.” (Editor’s note: The summary would be a shortened, plain English version of the main prospectus to make an annuity more easily understood by retail investors.)

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