Columbia Law Professor John Coffee estimates the SEC rulemaking lowered the standard for advisers 75% and raised the standard for brokers 10%.
How Will the CFPB Survive this Crisis?
The Wall Street Journal reported that the CFP Board’s LetsMakeAPlan.org website excluded a lot of negative information about CFPs.
John Langbein Awarded the Frankel Fiduciary Prize
John Langbein, emeritus professor of law at Yale, accepted the Frankel Fiduciary Prize on September 16, 2019.
American Capital Planning
American Capital Planning is a fiduciary, fee-only, flat fee, and female owned registered investment advisory firm.
FINRA will Defer to SEC on Interpreting Best Interest Rule
FINRA will be responsible for examining brokers for compliance, yet FINRA CEO says ‘It’s not our rule. It’s an SEC rule.’
New SEC Videos Aim to Help Investors Identify Brokers vs. Investment Advisers
The SEC’s new investor education videos are criticized for glossing over important details of business models and conflicts.