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.
Dear SEC Chairwoman: About That Pesky Fiduciary Issue...
By taking its investor advocacy role seriously, the SEC will better “facilitate capital formation” that is “so important to our economy” by empowering investors to make better investment decisions.
Leading Questions: The SEC’s Request on Regulation of BDs, RIAs
Ever notice how the way some questions are worded can greatly affect the way they are answered?
Fiduciary in Name Only? Applying the Fiduciary Standard to Your Business
When RIAs commit unethical acts against clients, they are FINOs—Fiduciaries In Name Only. Here's how to apply the fiduciary standard not only to how you serve clients, but how you run your business.
RIA M&A Grew 30% in 2012, With Most Deals Done by Big Firms: Schwab
National acquiring firms, like HighTower, Focus Financial and United Capital, remained the dominant buyers, with 25 of the 45 total M&A deals, Schwab reports.
Why Cost Disclosure Might Actually Work for Clients and Advisors
Knut Rostad may well have hit upon one of the few instances when full disclosure could prove to be a tremendous benefit to clients.
Principles vs. Rules: The Fiduciary Debate in a Nutshell
At TD Ameritrade conference, CFA's Roper, IAA's Tittsworth and SIFMA's Carroll agree, disagree and look ahead at fiduciary standard, SRO for RIAs.
Can Advisors Have ‘Zero’ Conflicts of Interest? The Legal and Regulatory Record
The CFP Board’s director of investigations makes the case that there is no such thing as “zero” conflicts of interest and that the nature of “material” conflicts of interest is subject to change.
SEC Fiduciary Rule Stalled—But for How Long?
A fiduciary rule from the SEC looks to be years away.
Kicking SEC’s Fiduciary Efforts Back Into Gear
Barbara Roper of the CFA and others discussed ways to get the SEC to move forward on proposing a fiduciary rule on a conference call Wednesday.