Do these groups, as SEC Chairman Clayton suggests, have a “lack of understanding” of the law?
Knut's Views
The Brokerage Industry’s “Muddle” Strategy
July 4 reminds us of how the American experiment started. That stands in startling contrast to the SEC’s experimental standards.
Get comfortable in ‘One Size Fits All’
According to Reg BI, retail investors do not understand “fiduciary.” The lesson: Get comfortable in ‘One size fits all.’
Does Reg BI really hold brokers to a higher standard than investment advisers?
Despite the brokerage industry’s praise, Regulation Best Interest is nowhere near as strong as the fiduciary standard.
Warren Phillips, Fiduciary Evangelist
The Wall Street Journal remembered Warren Phillips, who retired as chairman of the Dow Jones Corporation in 1991 and passed away on May 10 at the age of 92.
Reg BI looks strong, if you squint just right
By Knut A. Rostad — Despite SEC commissioner Peirce’s comments last week, absent real mitigation, the Reg BI rule is toothless.
