SEC Fiduciary Duty

SEC Commissioner Kara Stein’s tenure is set to expire at year-end, which means she likely won’t be in office when the Commission takes up its ...

Most investors assume that someone who is giving them advice has to put the investor’s interests first. This is, after all, what they are paying ...

The SEC has made no secret of its intent to focus on “Main Street investors.” The agency’s new Strategic Plan for 2018-2022 is the latest ...

As has been correctly noted, proposed Regulation Best Interest would require disclosure and at least mitigation of any material financial conflict of interest a broker-dealer ...

As SEC commissioners consider what to do next about their fiduciary duty proposals, supporters for a best interest standard may have a new poster boy. ...

Now that the SEC has feedback on its three fiduciary duty-related proposals, the challenge for commissioners will be to take in all of the diverging ...

The word “fiduciary” hangs heavily over any discussion about standards for financial professionals. The word carries a lot of different meanings, and legal context ...

Temenos Advisory, Inc. and George L. Taylor steered advisory clients and other investors, including senior citizens and individuals approaching retirement, into four risky, illiquid private ...

This spring’s release by the SEC of three fiduciary duty-related proposals (IA Watch, April 18, 2018) “encouraged” the agency’s investor advocate because the Commission was ...

At this stage, the SEC’s only asking what you think about requiring investment advisers to be licensed or to put up a bond, akin to ...