SEC Fiduciary Duty

One of the challenges facing the industry and investors is “there are too many regulatory ‘cooks in the kitchen,’” according to SEC Chairman Jay Clayton. ...

With regard to the obligations of investment advisers, we are also proposing an interpretation to address in one release and reaffirm and, in some cases ...

A variety of questions are already beginning to “percolate” as the industry wraps its head around the significant package of fiduciary duty-related proposals advanced by ...

Remarks at the PLI Investment Management Institute 2018 Dalia Blass, Director of the Division of Investment Management   New York, NY April 30, 2018 Introduction ...

An advantage found in the SEC’s proposed interpretation of the IA fiduciary duty is that the legal concept now gets brushed together all in one ...

Four pages may seem incredibly short when you have to stuff it with reams of data and required language while keeping it “easy to read” ...

Several cites – including Atlanta, Denver, Houston and Miami – will soon be hosting “roundtables” featuring SEC staff and local retail investors. The idea is ...

We are proposing a new rule under the Securities Exchange Act of 1934 (“Exchange Act”) establishing a standard of conduct for broker-dealers and natural persons ...

The Securities and Exchange Commission (the “SEC” or the “Commission”) is publishing for comment a proposed interpretation of the standard of conduct for investment advisers ...

The Securities and Exchange Commission (“Commission”) is proposing new and amended rules and forms under both the Investment Advisers Act of 1940 (“Advisers Act”) and ...