“With the information required by Massachusetts, clients can engage in intelligent conversations with an investment professional and can better comprehend a firm’s value proposition…”
Clayton hints Reg BI may be out earlier than expected
Securities and Exchange Commission Chairman Jay Clayton hinted that Regulation Best Interest might be released sooner than expected.
The EU leapfrogs the US on investor protection
By Knut A. Rostad and Darren M. Fogarty
MiFID II’s standard raises the transparency bar well above the U.S. SEC’s proposed Regulation BI and Form CRS.
Selecting A TAMP Is A Fiduciary Decision
When selecting a TAMP for a client, an advisor should structure their due diligence process to focus on client benefits.
Secretary of the Commonwealth of Massachusetts Galvin wants investment advisers to lay out fees for clients
One-page document would crystalize costs highlighted in Form ADV for Massachusetts investors. Knut Rostad praised William Galvin for illuminating fees.
The False Claims by Brokerage and Insurance Lobbyists
By Knut A. Rostad — Maryland, Nevada and New Jersey and other states have an historic opportunity to make an extraordinary difference: to lead the nation towards a real fiduciary standard. Investors, like Gail from Maryland, can only hope they do.
