Knut Rostad, founder of the Institute for the Fiduciary Standard, directed Maryland lawmakers to his group’s website, where real investor “Gail from Maryland” tells her story of being ripped off by an abusive broker.
Opponents of Maryland fiduciary bill tell lawmakers to wait on SEC
Knut Rostad praised the Maryland (fiduciary) bill, saying it would provide better investor protection than the SEC proposal.
As states clash with feds over fiduciary, regulation jitters rise
![Dave Parker [CC BY 3.0 (https://creativecommons.org/licenses/by/3.0)]](https://thefiduciaryinstitute.org/wp-content/uploads/2019/03/NevadaLegislatureBuilding-300x175.jpg)
First the Labor Department’s fiduciary rule collapsed. Then the SEC proposed Regulation Best Interest, a new broker regulation that left many investor advocates wanting more.
NASAA Goes To Capitol Hill Pushing Tougher SEC Regs On Brokers
The North American Securities Administrators Association is escalating its call for tougher broker sales regulation, scheduling a Capitol Hill briefing for lawmakers, regulators and the media on March 5.
Why Should I Care if My Financial Advisor is a Fiduciary?
Why should you as an investor care if your financial advisor is a fiduciary? Here are some thoughts on this for those looking for a financial advisor or who are already working with one.
Getting to Trust
Last week two RIA leaders made important remarks illustrating the public’s distrust of financial services.
