Knut Rostad is president of the Institute for the Fiduciary Standard
Reports of the death of fiduciary differentiation have been greatly exaggerated, contends fiduciary advocate Knut Rostad.
Instead of harmonizing standards of client care across the industry, it may be better to re-differentiate them in light of the fiduciary rule's recent court loss.
The impartial conduct standards are rigorous. And they are especially necessary for small investors.