Institute for the Fiduciary Standard/WealthManagement.com September 2015 DOL Conflict of Interest Survey
Time for Wall Street to Show Investors Their Trust Matters
Industry comments on the DOL conflict of interest rule are in and offer a treasure trove of industry thinking. One such gem may be industry views on the continued abysmal levels of investor trust.
What Fiduciary Advocates Can Learn From SCOTUS Ruling on Gay Marriage
Same-sex marriage’s journey from minority status to the law of the land offers important lessons about gaining broad-based public support that fiduciary advocates can gain from.
Statement of Knut A. Rostad On “Best Interest” and SIFMA’s “Proposed Best Interest of the Customer Standard For Broker-Dealers”
The “Best Interest” standard is central to the regulation of advisers and brokers. It’s key to the DOL COI proposed rule and recent SEC statements and decisions. Now, a Securities Industry Financial and Markets Association (SIFMA) statement discusses conflicts of interest, disclosure and fee transparency. Despite its obvious importance, federal policy makers and regulators still have not affirmed or promulgated a view of the “Best Interest” standard as drawn from the Advisers Act and common law.
Chris Cannon at the CFA Institute Event in Orlando
Institute Best Practices Board member, Chris Cannon, right, greets CFA Institute CEO, Paul Smith, at a recent CFA Institute event in Orlando.
Conflicts of Interest and the Duty of Loyalty at the Securities & Exchange Commission
SEC Chair Mary Jo White’s recent statement that the SEC should proceed with rule-making on a uniform fiduciary standard focuses attention on what such a rule may entail.
