The Trump-Sanders campaigns are loud, boisterous and relevant to the quiet and somber world of finance and financial advisors. Relevance perhaps best expressed in the first question Noonan says voters must answer “Yes” before electing Trump president, “Is he at all a good man?”
Knut's Views
Debate on Fiduciary Is Over; Battle for ‘Best Interest’ Rages On
Advisors can make a difference in this battle in this new world. They can speak out for fiduciary advice and, as important, against visible faux fiduciary actions and practices.
The Good News for Fiduciary Advice in 2015
Last week’s victory in Congress for the Department of Labor’s Conflict of Interest (COI) Rule is the best news for fiduciary advice since the March 30, 2007 FPA victory over the SEC in the so-called Merrill Lynch Rule.
Do broker-dealers and independent brokers speak in one voice?
That brokers and BD firms appear to hold such divergent views of core fiduciary requirements may be explained in numerous ways.
Conflicts of Interest and the Duty of Loyalty at the Securities and Exchange Commission
Recently, Securities and Exchange Commission (SEC) Chair Mary Jo White said she supported the SEC moving ahead with a uniform standard for broker-dealers and investment advisers. Knut Rostad’s paper is published here in the September issue of The Investment Lawyer.
Fiduciary September: A Time for Client-Centered Advisors to Come Together
The Institute for The Fiduciary Standard’s 4th “Fiduciary September,” kicks off today at 4:30 EDT with a conference call on the “Best Practices for Fiduciary Advisors.”
