Originally published on ThinkAdvisor.com, December 10, 2013 By Knut A. Rostad Today is the 1,640th day since the Obama Administration recommended that broker investment advice be fiduciary advice. Advisors can be forgiven for feeling worn out by the incessant fiduciary talk and looking for a moratorium on anything fiduciary related. Before doing so, however, […]
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Wall Street to Try to Win Back Investor Trust
This week is a big week for Chet Helck. The Raymond James Global Private Client Group Chief and Securities Industry Financial Markets Association (SIFMA) Chairman will oversee the launch of an initiative which, reflecting his own “passion”, will become an indelible part of his legacy. On Thursday SIFMA will announce an initiative to address investor […]
Frankel Fiduciary Prize Symposium And Prize Presentation
Please Join The Institute for the Fiduciary Standard The Frankel Fiduciary Prize Symposium Host Committee and John C. Bogle Sir Adrian Cadbury Tamar Frankel Ralph Nader at the Frankel Fiduciary Prize Symposium And Prize Award December 10, 2013 In Honor of Robert A. G. Monks National Press Club 529 14th St, 13th floor Washington DC […]
5 Years On, Americans See Wall St. as ‘Foreign … a Culture Apart
By Knut A. Rostad Researchers Karlyn Bowman and Andrew Rugg at the American Enterprise Institute (AEI*) have published an important paper that delves into the nature of Americans’ distrust of Wall Street. “Five Years After the Crash: What Americans Think about Wall Street, Banks, Business and Free Enterprise,” also illustrates that Americans clearly distinguish “Wall […]
Why do we need the fiduciary standard?
By Marion Asnes (Note: Fiduciary September is a good time to pause and ask the question, why do fiduciary principles matter? Why are they important? In this piece, Institute co-founder Marion Asness gets her arms around this question through a conversation with law professor Tamar Frankel, one of the world’s leading experts in fiduciary […]
65-Year-Old SEC Ruling Shines Clear Light on Fiduciary Standard
By Knut A. Rostad In honor of Fiduciary September, the Institute for the Fiduciary Standard has published a white paper that discusses the Six Core Fiduciary Duties identified by the Institute as embodying the major elements of fiduciary responsibility under the Advisers Act of 1940. The Six Core Fiduciary Duties reflect principles that have served society for […]
