Contrary to what some of the comments received by the DOL/EBSA suggest, fiduciary duties are neither too “ill-defined” nor “vague” to be applied to investment advisory activities.
Knut's Views
Proposed Rule, Definition of the Term “Fiduciary”
Certain comments made by Kenneth E. Bentsen, Jr. of SIFMA before the U.S. Department of Labor hearing on the proposed definition of fiduciary regulation were either misleading and/or not relevant to the issues under consideration.
Testimony of Arthur Levitt, Jr. Senate Banking Committee
Turmoil in the U.S. Credit Markets: The Genesis of the Current Economic Crisis
