In his weekend column, Jason Zweig surveys the landscape on fiduciary regulations and firm adherence. He finds it lacking.
What do investors want from advisors’ code of conduct? A survey conducted in 2016 by the CFA Institute offers an insight.
CFP Board’s revisions to its Standards of Professional Conduct are out. The Institute for the Fiduciary Standard applauds the CFP Board for making this proposal. Make no mistake. The proposal is a good first step. Two provisions regarding fiduciary duties stand out.
By Knut A. Rostad Originally posted on ThinkAdvisor, June 13, 2017 Simple — ask investors The CFP Board announced on Tuesday that it will release a draft of proposed changes to its Standards of Professional Conduct on June 20. The Institute for the Fiduciary Standard applauds the CFP Board for reviewing its […]
It’s June 9, and the DoL fiduciary rule has arrived – sort of. The cornerstone of the rule, the Impartial Conduct Standards, effectively becomes part of any engagement not explicitly grandfathered. This is good.
Labor Secretary Alexander Acosta’s Wall Street Journal op-ed last week on the DOL fiduciary rule is a public service. Secretary Acosta writes with candor on the administration’s opposition. In so doing, he advances the fiduciary conversation.