SEC Fiduciary Duty

There is a lot of work to do, and this issue is complex. That should not deter us, and we are moving forward. ...

Once again you’re being asked to share your comments about standards for financial professionals, but it’s not by the SEC this time (IA Watch, June ...

As public comments slowed in response to SEC Chairman Jay Clayton’s recent invitation concerning “standards of conduct” for advisers and B-Ds, the Investment Adviser Association ...

It could be the industry’s version of Family Feud – and it’s only beginning.   SEC Chairman Jay Clayton’s call for comments about whether the ...

Ten days after new Labor Department Secretary Alex Acosta encouraged the SEC to enter the fray over a uniform fiduciary duty standard for investment advisers ...

The initiative will dig into investment recommendations, conflicts, compliance and marketing

The investment adviser of a registered investment company shall be deemed to have a fiduciary duty with respect to the receipt of compensation for services

This is the text of the famous U.S. Supreme Court case SEC v. Capital Gains Research Bureau 375 U.S. 180 (1963). This opinion is cited ...

The Securities and Exchange Commission is adopting a rule addressing the application of the Investment Advisers Act of 1940 to broker-dealers offering certain types of ...

If money managers use commission dollars of their advised accounts to obtain research and brokerage services, Section 28(e) prevents them from being held to have ...