The Institute puts on a day-long program at the NAPFA Fall conference on the practices that differentiate fiduciary, fee-only advisors from sales brokers. Read more about the 2018 program here.
Blog
The SEC Isn’t Giving Us Straight Talk
If passed, the SEC’s 125,993-word proposed Reg Best Interest (“Reg BI”) will harm investors and greatly change the competitive landscape for brokers and advisors.
SEC Investor Roundtables Reveal Investors Often Do Not Understand Form CRS
The SEC’s own Investor Roundtables clearly demonstrate that not even well-educated professionals can understand Form CRS.
Regulation Best Interest – A Junk Food Diet
Putting choice ahead of professional conduct, the RBI buffet embraces the junk food Mr. Cohn champions.
Go back to the drawing Board on conduct standard proposals.
In a comment letter to the SEC, The Secretary writes,” It is evident that the Commission has abandoned a Fiduciary standard in the name of ‘choice.'”
Letter to the SEC on Regulation Best Interest
Letter from Knut A. Rostad of the Institute for the Fiduciary Standard to SEC Chairman, Jay Clayton, regarding the Regulation Best Interest on August 6, 2018.
