Form CRS is designed to show broker-dealer and RIA differences. Samples of forms, however, show they fall way short of the clear guidance clients need. Knut argues for clearer regulatory guidance.
Knut's Views
The SEC’s Dismal Failure with Form CRS
The SEC’s current guidance on CRS fails investors and confuses RIAs. It can be made right to fulfill its core purpose, consistent with 40 Act.
Knut Rostad puts fiduciary advice up against best-interest standards
Knut and Jeff, InvestmentNews, dive deep into the weeds to untangle whether brokers or advisers have the better standard of practice.
The States Strike Back Against Reg BI
State securities regulators, NASAA, issued a blistering report on the results of the SEC’s Reg BI. The report is a public service and supports The New SEC in 2021.
Finance Leaders Can Learn About Trust from Supreme Court Justices
Note to leaders in finance: if three Supreme Court justices can argue for the integrity of the Court in the public square, maybe you can argue for the integrity of finance.
Investor Trust in 2021 – No Longer Hitched to Wall Street?
Knut offers a new paradigm for financial advisors to regain investor trust in 2021.
