RIAs and their compliance executives are worrying that the SEC is muddying the waters more for consumers by making all financial professionals look the same.
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What to Know About Fee-Only Financial Advising
Katie Oelker, a personal finance writer at Business Insider, explains fee-only financial advising.
The SEC’s Dismal Failure with Form CRS
The SEC’s current guidance on CRS fails investors and confuses RIAs. It can be made right to fulfill its core purpose, consistent with 40 Act.
Additional Testing Of Thirty Fee-Only IAs CRS Reveals The Widespread Practice of Omitting Mention Of Fiduciary Status
Further testing of Fee-only IAs CRS forms reveal that fiduciary status is frequently omitted
Knut Rostad puts fiduciary advice up against best-interest standards
Knut and Jeff, InvestmentNews, dive deep into the weeds to untangle whether brokers or advisers have the better standard of practice.
The States Strike Back Against Reg BI
State securities regulators, NASAA, issued a blistering report on the results of the SEC’s Reg BI. The report is a public service and supports The New SEC in 2021.
