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.
The WSJ ‘s Public Service on Fiduciary Standard: Lifting the Veil
Wall Street Journal editors performed a public service when they set out their case against the fiduciary standard recently. The editorial shines a bright light on arguments against the fiduciary standard that the brokerage industry, understandably, tries to keep under wraps.
Fiduciary Best Practices: Talking to the Mailman in Kansas City
Last week the Institute for the Fiduciary Standard proposed eleven Best Practices for advisors and brokers who seek to meet the true fiduciary standard. While these Best Practices are crafted to mainly assist investors in evaluating investment and financial professionals on their adherence to fiduciary duties, they also serve a larger purpose.
New SEC Rule helps investors sort out brokers from investment advisers
New SEC Rule helps investors sort out brokers from investment advisers, requires a brokerage account disclosure, “Our interests may not be the same as yours” Press Release PSA
NY Fed’s Dudley, CFAs: Industry Has a Big Trust Problem
New York Fed’s William Dudley, CFANAdvisors and brokers are upbeat by nature. It’s in their DNA. So it’s no big surprise when Liz Skinner reports that an Investment News survey says “optimism abounds.”
What Tony Robbins should remember when he talks ‘fiduciary’
The media blast about Tony Robbins as a potential RIA spokesman has produced a torrent of RIA comment ranging from the most cynical to the most hopeful. Is Robbins just hyping his book or, as he contends, seeking to help investors who suffered in the 2008-’09 financial crisis?
