SEC Fiduciary Duty

It is a long-standing principle that an investment adviser must “disclose any potential conflicts of interest accurately and completely.”

CIRA owes its advisory clients an affirmative duty of utmost good faith, is obligated to provide full and fair disclosure of all material facts, has ...

This form helps with documentation of rollovers

ONIMCO had a conflict of interest when it recommended Sweep Account Options to its clients

'Hundreds of billions of dollars in fees and expenses are standing between investors and businesses'

Nearly half of private fund advisers are trying to sub-contract their way out of their fiduciary duties, a trade association for pension and foundation managers ...

Cowen determined that a government money market fund, as opposed to another type of money market fund, was an appropriate cash sweep vehicle for its ...

Buttonwood and McGraw therefore had a financial conflict of interest with their clients—they had an incentive to select investments for clients that would allow Buttonwood ...

BFC’s Form ADV Part 2A brochures disclosed that advisory clients “may incur” 12b-1 fees, and that because IARs “may receive 12b-1 fees … there is ...

By causing certain advisory clients to invest in share classes of mutual funds that charged 12b-1 fees or share classes of money market funds that ...