SEC Fiduciary Duty

Wade through an academic’s mumbo jumbo and new research leans toward saying investors sold annuities benefited when broker-dealers faced a fiduciary duty standard.   Vivek ...

The Kentucky Court of Appeals ruled April 23 that public pension plan members lack standing to bring their lawsuit against KKR, Blackstone Alternative Asset Management ...

Completing the Commission’s standards of conduct rulemaking remains “a top priority” for SEC Chairman Jay Clayton. In an address April 8 at the annual SEC ...

After achieving 100% of its planned milestone’s last year, the SEC’s Division of Investment Management is actively moving on a number of priorities comprising its ...

It’s a sign of the industry’s ongoing struggle over the B-D commissions-based model vs. the fee-based IA approach that a 40-month jail term for a ...

Nevada has rolled the dice by proposing its own fiduciary duty rule last month. You have until March to share your comments about the proposal. ...

Those investors who use financial professionals actually expect more from a “best interest” standard than those that don’t.   This is “one striking and unexpected” ...

New Jersey became the latest state to consider its own fiduciary duty standard last year. IA Watch has obtained the 61 comments sent to the ...

Next year promises to be a monumental one for investment advisers and broker-dealers. The SEC has released its regulatory calendar and it states the Commission’s ...

If a legal action were a prize fight, the advisers would have lost in a knockout. A Kentucky judge has dismissed all claims by a ...