Skip to Content

About

Updated weekly

Have an idea for the Fi360 blog?
Send us your question or comment
to blog@fi360.com

Subscribe to the Fi360 Blog

In a reader RSS

Stay Connected to Fi360

Return to Blog Home

Viewing posts in the Advocacy category.


Fiduciary Links: Survey Paints Unflattering Portrait of Financial Services Leadership

Posted by fi360 Team on July 29, 2013 in Advocacy Great Sources of Information In the News

>>>>“No matter what commercial crisis we examine, there are, almost without exception, three factors that form a perfect storm: greed, weak leadership and fear.” Those are the words used by law firm Labaton Sucharow LLP to summarize the findings of their second annual financial services industry survey. In his latest Fiduciary Corner column for InvestmentNews, Blaine Aikin takes a look at how investors are completely justified in questioning the trustworthiness of those in financial services. Among the findings are that roughly a quarter of all advisors surveyed had firsthand knowledge of wrongdoing, feel incentivized...

Fiduciary Links: Survey Paints Unflattering Portrait of Financial Services Leadership

Permalink | Comments (0)     

How the SEC and FINRA Can Strengthen the Fiduciary Standard Now

Posted by Duane Thompson on June 12, 2013 in Advocacy In the News Legal

>>>>The Securities and Exchange Commission is awaiting public comment on its March 1 request for data involving the costs and benefits of adopting a uniform fiduciary standard for brokers and advisors.  Whether it eventually adopts a rule, after receiving clear authority from Congress three years ago to do so, remains open to question.     In the meantime, the Commission could utilize its longstanding amicus program to bring important issues involving brokers and advisers before the courts now, similar to the Department of Labor’s active amicus program.  Unfortunately, the SEC has a poor...

How the SEC and FINRA Can Strengthen the Fiduciary Standard Now

Permalink | Comments (0)     

The Next Step to a Uniform Fiduciary Standard—What Can You Do?

Posted by on March 05, 2013 in Advocacy Fiduciary Excellence In the News

On Wednesday, we discussed on the blog the anticipated SEC issuance of a formal request for information on the costs and benefits of imposing a uniform standard of conduct for investment advisers and broker-dealers. Two days later, the SEC made that blog timely by issuing its new release, “Duties of Brokers, Dealers, and Investment Advisers.” Let’s consider some things that small-firm investment fiduciaries can do to contribute to the process.

The Next Step to a Uniform Fiduciary Standard—What Can You Do?

Permalink | Comments (0)     

Back to top