Rather than championing the mantra of “investor confusion,” the SEC should do as CFA Institute did: Tell investors the truth on how brokers and advisers differ.
Skip Schweiss wants planners and consumers to know financial planning is not yet a profession.
If Gensler, who is uniquely well-suited for the task, becomes the SEC chairperson, it will harken back to the SEC’s origins.
A year-end SEC order and statement by its staff on Reg BI exams are a positive signal for investors in need of fiduciary protection.
Yellen checks many boxes – her scholarship, prior government experience and reputation in Washington.
Knut Rostad summarizes his recent interview with Princeton lecturer JC de Swaan on virtue in finance.