The securities industry is seeking a one-month delay for a batch of new regulations governing financial advisers to U.S. cities and states, telling federal regulators firms have not had time to digest an official definition of advisers spanning more than 700 pages. That definition is expected to go into full effect next week, allowing federal regulators to begin tightening oversight of advisers who have long escaped government scrutiny. The Securities and Exchange Commission approved it in September. More on Reuters here.
