The SEC has issued a Regulation Best Interest ruling against a brokerage and five registered representatives
Advice-Only Fees Gain Traction as Advisors Opt Out of Managing Client Portfolios
Industry Leaders remark on recent popularity of separating fee-only advising and investment management. Noting the advantages this change can have.
Whose Fiduciary Standard Are You Using?
Regulation Best Interest isn’t requiring financial advisors to adhere to a fiduciary standard like some might think.
Is Reg BI Working? It Depends On How You Read FINRA’s Report
Now that the broker standard of conduct has been in force for 20 months, the debate over its effectiveness is intensifying.
Hey SEC, Please Clarify Fiduciary Duty So I Can Enjoy College Hoops Again!
Mark Schoeff, Jr. was watching his alma mater play a crucial conference game when a commercial from a financial firm sparked a debate on fiduciary duty.
Advisor Trade Group Wants SEC To Tell RIAs They Can Call Themselves Fiduciaries
The Institute sent SEC Chairman Gensler a letter urging the agency to clarify confusion surrounding advisors using the word fiduciary in Form CRS.