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.
Actions and programs of the Institute. Visit the Institute Initiatives archive to view initiatives prior to 2018.
Several nationally recognized groups of fiduciary advisers on June 28, 2018, announced an initiative to urge RIAs (SEC and state registered investment advisers) to write the SEC (Securities Exchange Commission) and explain how independent financial advisers are different from brokers.
Gail from Maryland is an accomplished professional with a BS in engineering and finance and an MBA. She also had a terrible experience with a broker who Gail says betrayed her. Meet Gail. Hear her story. Note her courage to come forward.
Adviser Groups to RIAs: Show Your Independence. Explain to the SEC How You’re Different from Brokers
Institute leaders meet with SEC Chairman Jay Clayton June 19, 2018
The simple fact remains that investment advisers represent their clients and broker-dealers represent issuers. Investors deserve real advice. That’s why we formed the No Incidental Investors initiative.