Three key Washington heavyweights will have a crucial role in advisors’ lives next year: the newly christened SEC chairwoman, Elisse Walter; Rep. Jeb Hensarling, R-Texas, the incoming chairman of the powerful House Financial Services Committee; and Phyllis Borzi, assistant secretary for the DOL’s Employee Benefits Security Administration.

Indeed, the Washington landscape has changed somewhat since President Barack Obama was re-elected in November. SEC Chairwoman Mary Schapiro said goodbye in mid-December, but to Wall Street’s chagrin Elizabeth Warren, the architect of the Consumer Financial Protection Bureau, beat out sitting Massachusetts Sen. Scott Brown, and she has since secured seats on the Senate Banking and Senate Health Education Labor and Pensions Committees.

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