An Introduction to the 2011 Fiduciary Forum: SEC Commissioner Troy Paredes wrote in 2003 (as an Associate Professor of Law) about mandatory disclosure and whether market participants are subject to information overload. * Noting that mandatory disclosure may be “the most hotly contested debate in the history of securities regulation,” Paredes concluded that to […]
Knut's Views
Comments on Definition of Fiduciary Proposed Rule
Disclosures and client consent are insufficient – by themselves – to satisfy the fiduciary standard.
The Specific Fiduciary Duties of Investment Advisers
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.
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
