The SEC’s new Regulation Best Interest will give financial institutions a legal advantage when they’re sued by investors.
Or you can rely on state securities regulators to provide data about advice reform.
The Trump administration is trying to wave a magic wand, and it’s going to work, but it may make matters worse for the pro-suitability lobby if Joe Biden becomes President
Four leading law professors shared their views on recent developments for financial advice in 2020.
The 40 Act has been effectively repealed. But its passing has gone unnoticed. In the long shadow of the market crash and severe depression, the 40 Act was the equivalent of investors’ civil rights legislation.
Immediately after the DOL Hearing on September 3rd, the Institute is hosting a panel discussion on it with fiduciary leaders.