On July 9, President Joe Biden signed a sweeping document titled, Executive Order on Promoting Competition in the American Economy. The president’s stated intentions are to implement a “whole-of-government effort” involving numerous federal agencies, plus a new cross-agency coordinating body called the White House Competition Council, “to promote competition in the American economy, which will lower prices for families, increase wages for workers, and promote innovation and even faster economic growth.” In a contributed article published by Financial Advisor Magazine, Poyner Spruill LLP partner Richard Lafferty outlines how the recent executive order could dramatically impact financial service providers.
To read the full article, visit Financial Advisor Magazine
