At TD Ameritrade Conference, Differing Views on Implementing Fiduciary Standard
Panel of opinionated experts provides insight, suggest likely next steps for SEC studies.
2011: The Year the Advisors’ Playing Field Fundamentally Changes
All eyes this year will be focused on the exchanges that will ensue between lawmakers and the Securities and Exchange Commission.
Harmonization of Advisor, Broker Rules Will Cement Need for SRO
A consensus among industry officials is emerging after the release of the SEC reports on fiduciary duty and the need for an SRO for advisors: that the eventual harmonization of advisor and broker regulations signals the likelihood that a common SRO will be created to oversee advisors and brokers.
Best of AdvisorOne: Top 5 Retirement Planning Articles
In case you missed them the first time around, or would like to review them at your leisure, these are the most widely read stories on AdvisorOne.com for the month of January that focused on where and how to find retirement income for clients.
Specific ERISA Fiduciary Standard Lacking: Don Trone
On Jan. 22, 2011, the SEC officially released its long-awaited study on the appropriate standard of care for investment advisers and broker-dealers.
SEC Tells Congress It Will Proceed With Uniform Fiduciary Standard for Brokers, Advisors
The SEC told Congress that it would move forward in creating a new uniform fiduciary standard of care for broker-dealers and investment advisors when providing advice to retail customers.
What Lack of SEC Funding Means for Dodd-Frank, SRO Likelihood
The Republican agenda of defunding Dodd-Frank looks to be coming to fruition, as the SEC fails to get a funding boost in the current federal fiscal year. That lack of funding may well increase chances of an advisor SRO.
Advisory Industry: SIFMA Fiduciary Study Raises Lots of Questions
The advisory industry is taking issue with a new study commissioned by SIFMA that says retail investors will be harmed if the uniform fiduciary standard that the SEC is currently creating does not recognize different business models.
At FPA Denver, Defining Advisor Value and Rebuilding Trust
An all-star panel of industry personalities gathered at the FPA annual conference on Sunday for a frank discussion of how new fiduciary standards might impact the advisor industry and day-to-day business.
Financial Reform Bill and the Fiduciary Standard for Brokers
As the language in the financial services reform bill, which the Senate passed, 60-39, on Thursday, July 15, gets parsed, rumors still abound about how it all will affect financial services firms, regulators and investors.