Part two of a series where Knut Rostad, President of the Institute, argues that the SEC should be telling investors the simple truth about sales vs. advice.
Rather than championing the mantra of “investor confusion,” the SEC should do as CFA Institute did: Tell investors the truth on how brokers and advisers differ.
Institute leaders want the SEC to ensure retail investors understand when they are not working with fiduciaries.
Darren Fogarty, Employee Benefits Advisor at Wincline, describes the differences between brokers and fee-only advisors.
Evensky, financial and investment advice pioneer, author and professor, urges SEC to rename the Reg BI, ‘New Suitability’
Chris Cannon, board member of the Institute’s Real Fiduciary™ Practices, interviews Boston University Professor of Law Emerita, Tamar Frankel.