SIFMA calls for a thorough review of the proposed rule, and all of its implications
There’s concern that the CCMR would give regulations new powers
Advisors already owe extensive duties to their clients within the obligation to deal honestly and fairly with them
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