In the absence of progress from the SEC and FINRA, the U.S. Department of Labor is pushing its own proposal
Despite much confusion about terminology, U.S. study reveals consumers don’t have much trust in stockbrokers
Report contrasts brokerage firm ad claims with arguments firms make in arbitration proceedings
Investors see their returns reduced by 1% annually as a result of industry conflicts of interest: study
Panel says regulators should consider imposing fiduciary duty on investment managers
In response to this rising trend, traditional advisors may be forced to offer ever-greater protection, catapulting them straight toward fiduciary status
Susan Wolburgh Jenah, president & CEO, Investment Industry Regulatory Organization of Canada (IIROC), discusses the evolution of the investment regulatory landscape, including how to broach CRM-2 with clients, the fiduciary question, and professional standards in Canada. Jenah spoke at CIFPs 2014 in Halifax.
Investors have been fundamentally transformed by the financial crisis
Almost six in 10 survey participants are opposed to the introduction of a "best interest" standard for financial advisors