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head shot of Barbara Roper

Barbara Roper’s new role as senior advisor to Securities Exchange Commission Chairman Gary Gensler likely signals regulatory changes afoot in several areas — namely Regulation Best Interest and the Customer Relationship Summary, or Form CRS.

Roper’s “extensive knowledge of the issues involving standards of conduct and investment products provides her with the unique opportunity to assist the Commission in many areas,” Ron Rhoades, associate professor of finance at Western Kentucky University and director of its personal financial planning program, told ThinkAdvisor Thursday in an email.

Roper, former director of investor protection at the Consumer Federation of America, “is likely to examine how ‘best interest’ can be defined,” Rhoades opined, adding that he expects to see “several draft rules emerge in 2022 of a significant nature.”

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Melanie Waddell

Melanie is Washington Bureau Chief, Investment Advisory Group. She also covers regulatory and compliance issues. Her column, The Playing Field, appears in Investment Advisor and on ThinkAdvisor.com, and she also writes the briefing and produces the podcast, Human Capital. Earlier in her career, Melanie covered financial issues at American Banker/Thomson Media publications in Washington and New York. She also wrote freelance articles for Institutional Investor in New York. You can reach her at [email protected] On twitter: @Think_MelanieW

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