Knut Rostad interviewed Former CFPB Chair, Susan John, about CFPB’s recent decision to erase advisor compensation methods from its website.
CFP Board recently erased compensation categories on its website, making it impossible to search for an advisor that way.
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.
By Knut A. Rostad — Despite SEC commissioner Peirce’s comments last week, absent real mitigation, the Reg BI rule is toothless.
The proposed Massachusetts Adviser Straight Talk Disclosure is a simple, direct and commonsense approach to informing adviser clients of key information. It can increase investor comprehension of fees and services.
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.