Conflicts of interest are a threat, but some regulators don’t seem to see the need to restrain them.
The Wall Street Journal remembered Warren Phillips, who retired as chairman of the Dow Jones Corporation in 1991 and passed away on May 10 at the age of 92.
By Knut A. Rostad — Despite SEC commissioner Peirce’s comments last week, absent real mitigation, the Reg BI rule is toothless.
The proposed Massachusetts Adviser Straight Talk Disclosure is a simple, direct and commonsense approach to informing adviser clients of key information. It can increase investor comprehension of fees and services.
By Knut A. Rostad and Darren M. Fogarty
MiFID II’s standard raises the transparency bar well above the U.S. SEC’s proposed Regulation BI and Form CRS.
By Knut A. Rostad — Maryland, Nevada and New Jersey and other states have an historic opportunity to make an extraordinary difference: to lead the nation towards a real fiduciary standard. Investors, like Gail from Maryland, can only hope they do.