Fiduciary duty – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Fri, 17 Jan 2025 18:26:20 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Fiduciary duty – Investment Executive https://www.investmentexecutive.com 32 32 Quant funds failed to guard models: SEC https://www.investmentexecutive.com/news/from-the-regulators/quant-funds-failed-to-guard-models-sec/ Fri, 17 Jan 2025 18:26:20 +0000 https://www.investmentexecutive.com/?p=500433 Firms breached fiduciary duties by ignoring known vulnerability, regulator alleged

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]]> Edward Jones to pay US$17 million in NASAA settlement https://www.investmentexecutive.com/news/from-the-regulators/edward-jones-to-pay-us17-million-in-nasaa-settlement/ Thu, 09 Jan 2025 14:30:44 +0000 https://www.investmentexecutive.com/?p=499847 Fund investors paid front-end loads, moved into fee-based accounts sooner than expected, regulators alleged

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]]> NASAA adds best interest standard to model rule https://www.investmentexecutive.com/news/from-the-regulators/nasaa-adds-best-interest-standard-to-model-rule/ Mon, 04 Nov 2024 19:53:45 +0000 https://www.investmentexecutive.com/?p=495966 Group seeks revisions to U.S. state rule that match SEC's Reg BI reforms

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]]> Fund dealer fiduciary duty class action fails https://www.investmentexecutive.com/news/from-the-regulators/fund-dealer-fiduciary-duty-class-action-fails/ Tue, 22 Oct 2024 18:06:10 +0000 https://www.investmentexecutive.com/?p=495260 Court rules no evidence of common breach, given differences among investors

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]]> SEC targets brokers’ best interests compliance https://www.investmentexecutive.com/news/from-the-regulators/sec-targets-brokers-best-interests-compliance/ Tue, 22 Oct 2024 00:21:53 +0000 https://www.investmentexecutive.com/?p=495215 Exam division details compliance priorities for year ahead

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]]> Advisers failed to enforce investment limits: SEC https://www.investmentexecutive.com/news/from-the-regulators/advisers-failed-to-enforce-investment-limits-sec/ Wed, 25 Sep 2024 17:50:02 +0000 https://www.investmentexecutive.com/?p=493396 Regulator orders fines, disgorgement against portfolio manager, broker

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]]> SEC sanctions adviser’s mismarking https://www.investmentexecutive.com/news/from-the-regulators/sec-sanctions-advisers-mismarking/ Thu, 19 Sep 2024 20:28:46 +0000 https://www.investmentexecutive.com/?p=493117 Firm dumped overvalued illiquid securities on retail mutual funds, SEC alleges

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]]> Pension regulators unveil new guidance https://www.investmentexecutive.com/news/from-the-regulators/pension-regulators-unveil-new-guidance/ Tue, 10 Sep 2024 19:02:22 +0000 https://www.investmentexecutive.com/?p=492395 CAPSA replaces 2004 guideline, consolidates risk management guidance

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]]> Trailer fee class action certified https://www.investmentexecutive.com/news/from-the-regulators/trailer-fee-class-action-certified/ Thu, 01 Aug 2024 20:49:44 +0000 https://www.investmentexecutive.com/?p=490402 RBC the latest large fund manager to face fund fee suit

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]]> IAFP to adopt fiduciary standard for RFP designation holders https://www.investmentexecutive.com/news/industry-news/iafp-to-adopt-fiduciary-standard-for-rfp-designation-holders/ Tue, 30 Jul 2024 19:11:38 +0000 https://www.investmentexecutive.com/?p=490193 Measure to be in place for 2026 renewals

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