Thomas Perez, DOL’s Cautious Fiduciary Advocate: The 2014 IA 25 Profile
Labor Secretary Thomas Perez is being credited with re-energizing the DOL’s bid to amend the definition of fiduciary under ERISA. But he's proceeding carefully.
The IA 25 for 2014
This is our 12th annual IA 25 list, bringing together the most influential people in and around the advisor industry.
Will SEC Spend 5 More Years Mulling Fiduciary Rule?
The SEC said Monday that it would “continue to analyze” over the next five years whether to write a fiduciary rule for brokers.
Harold and Fiduciary
We knew Harold Evensky has been a proponent of the fiduciary standard for advice givers for some time and that he was a leading light of the Institute for the Fiduciary Standard. So we asked the Institute’s co-founder, Knut Rostad, to comment on Evensky’s contributions.—Ed.
Bogle Hailed as Warrior for the Common Investor
Michael Zeuner and Jim Patrick of Institute for the Fiduciary Standard remain optimistic, tying John Bogle's "investor first" approach to the fiduciary standard.
Reform Is Not Enough to Restore Trust in Wall St., Experts Say
Fiduciary advocate Knut Rostad, conservative think tank AEI and Wall Street lobbying group SIFMA discuss how to regain investor trust.
September Surprise: Fiduciary Supporters Lobby the SEC
With new leadership at the SEC, many questions remain unanswered about the Commission’s fiduciary rulemaking. Maybe we'll get some answers during Fiduciary September.
Rostad Kicks Off Fiduciary September
Knut Rostad, Vanguard founder John Bogle and other fiduciary advocates lead a month of lobbying and awareness raising.
Fiduciary Stumbling Blocks Surface
Several potential stumbling blocks have surfaced in the past couple of months that could stymie—or outright derail—release of fiduciary rules by the SEC and DOL.
SEC Fiduciary Rule Unlikely in Dodd-Frank’s Third Year of Life
Advisors, including Harold Evensky, and industry officials are increasingly pessimistic that the year will bring a uniform fiduciary rule. However, the first designation of an asset management firm as systemically important could be coming soon.