Regulation BI turns 2 on June 30th. What’s to celebrate is not clear. No one seems to support it except those paid to. There is much to question.
SEC Staff calling fiduciary status “extraneous” goes against the fiduciary ethic of investment advisors.
Lauren Hong of Out and About speaks with Knut on the origin of the Institute, starting with support from Jack Bogle and Tamar Frankel.
The SEC’s new strategy to raise best interest is becoming apparent.
Failures of the FINRA report parallel recent Olympic controversies.
A recent CFPB paper tries to say that conflicts are okay. It fails.