August 23, 2011 – “New Institute for the Fiduciary Standard Elevates the Conversation,” Bob Clark, AdvisorOne
August 22, 2011 – Fiduciary-standard-gets-new-and-influential-advocate (pdf)
August 13, 2011 – David F. Swensen, Chief Investment Officer of Yale University calls for fiduciary duty for brokers in an Op-Ed in The New York Times, August 13, 2011, “The Mutual Fund Merry-Go Round.” He writes: “the S.E.C. should hold the mutual fund industry to a “fiduciary standard,” one that puts clients’ interests first. […]
An Introduction to the 2011 Fiduciary Forum: SEC Commissioner Troy Paredes wrote in 2003 (as an Associate Professor of Law) about mandatory disclosure and whether market participants are subject to information overload. * Noting that mandatory disclosure may be “the most hotly contested debate in the history of securities regulation,” Paredes concluded that to […]
Disclosures and client consent are insufficient – by themselves – to satisfy the fiduciary standard.