“In five bite-sized offerings, Chairman Jay Clayton fails to tell the public what it needs to know about RIAs vs. brokers.”
Main Content
Institute Initiatives & News
John H. Langbein Wins Frankel Fiduciary Prize
The Institute for the Fiduciary Standard today announced that the 2019 Frankel Fiduciary Prize honoree is John H. Langbein.
John C. Bogle, 1929-2019
Jack Bogle: Capitalist rock star
Bogle’s impact on investing, investors and the markets place him among the most important political and business actors globally in the last half century
Advocacy on SEC, State Rulemaking
Time for Advisers to Speak to Us in Plain English, writes WSJ’s Jason Zweig
The SEC is making financial information simpler. But it’s not yet simple enough.
Knut’s Views
The Role of Fiduciary Duty in the Impeachment Process
The recent announcement of impeachment proceedings reminds us of the importance of fiduciary principles.
Institute & Industry Leaders
Law professors Denounce SEC’s Reg BI; Underscore the Rule’s Clear Break from 79 Years of Settled Law in Advisers Act of 1940
Columbia Law Professor John Coffee estimates the SEC rulemaking lowered the standard for advisers 75% and raised the standard for brokers 10%.
