XY Planning Network (XYPN) announced yesterday at its XYPN LIVE National Conference that it is filing a lawsuit in the Southern District of New York to challenge the Securities and Exchange Commission (SEC) regarding the SEC’s new Regulation Best Interest (Reg BI) rule as it pertains to the delivery of financial planning advice. It is XYPN’s belief that the SEC has exceeded its regulatory authority in the creation of Reg BI by permitting comprehensive financial planning...