Knut Rostad, the president of the Institute for the Fiduciary Standard, said the new SEC rules will give investors a false impression that brokers are being held to higher standards.
Stockbrokers Face New Rules on Disclosing Conflicts of Interest
Stockbrokers will have to disclose more about conflicts; they won’t have to do more about conflicts under a government plan favored by Wall Street. This is the problem.
Warren Phillips, Fiduciary Evangelist
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.
Jack Bogle: Capitalist rock star
Bogle’s impact on investing, investors and the markets place him among the most important political and business actors globally in the last half century
Reg BI looks strong, if you squint just right
By Knut A. Rostad — Despite SEC commissioner Peirce’s comments last week, absent real mitigation, the Reg BI rule is toothless.
Meet Margaret from Maryland
Meet Margaret from Maryland. She had been relying on the advice of brokers for many years but contacted a fiduciary (CFP®) for a second opinion when the broker recommended that she buy another annuity to add to the two she’d already been sold.
