FINRA will be responsible for examining brokers for compliance, yet FINRA CEO says ‘It’s not our rule. It’s an SEC rule.’
Important articles on the fiduciary standard. Visit our Must Reads archive page to read older articles.
Columbia Law Professor John Coffee estimates the SEC rulemaking lowered the standard for advisers 75% and raised the standard for brokers 10%.
The SEC’s new investor education videos are criticized for glossing over important details of business models and conflicts.
The New York Supreme Court has upheld the state’s contentious fiduciary rule governing annuities and lift insurance sales practices.
The Certified Financial Planner (CFP) Board doesn’t inform website users about thousands of planners with customer complaints, regulatory skirmishes and other problems, including bankruptcy filings.
BD lobbyists claim fiduciary rules harm investors while AARP members call for New Jersey to proceed with its own rule.