Should Brokers Be Able to Call Themselves “Investment Advisors”?

The SEC is hearing from investment advisory groups who don’t want brokers to refer to themselves as investment “advisors.” Soon, the SEC may take action. What’s your call? Should brokers be able to label themselves as investment advisors to clients and potential clients? If so, why? If not, why not? And, what might the SEC do to solve the problem Requirements: Investment advisors, brokers, money managers, SEC experts, actual investment clients.