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SEC Chairwoman Mary Jo White. Photo: AP

The SEC this year will continue to consider whether it should “subject broker-dealers to a fiduciary standard” and will hire additional examiners, the head of the agency, Mary Jo White, said this week.

Speaking Thursday at the Investor Advisory Committee’s first meeting of the new year, White laid out “what lies ahead in 2015,” noting that the agency will also consider obtaining “sufficient funding” for investment advisor exams, enhancing the disclosure of risks in target date funds, and completing the SEC’s review of the “accredited investor” definition.

White also reiterated in her comments the measures SEC staffers started developing in December, saying the Division of Investment Management was developing recommendations to address the “increasingly complex portfolio composition and operations of today’s asset management industry,” which includes requiring advisors to have succession plans.

She said three of the core initiatives would:


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