Fiduciary standard

The regulator's investor advisory committee approved a set of recommendations for commission to clarify "best interest" advice for advisors and brokers.

New York legislators are set to reconsider a previously stalled fiduciary bill.

Noting how retirement saving has changed, the executive says the “responsibility we have for people’s savings is awesome.”

It’s another example of how impactful an update to broker standards of conduct could be.

NAPFA’s chairman sees an “untapped market” opening up.

Observers expect only modest changes from comment letters, and look ahead to a vote to enact new advisor and broker regulations.

In my view, the organization puts its own growth ahead of enforcing its certificants’ fiduciary standards. This holds us back from being seen as a true profession.

The firm announced last week that it would reinstate traditional brokerage for retirement accounts in October, giving new life to the conflicts it had eliminated.

Here's what I've realized since I penned my original missive to the commission.

Clashes over the Labor Department's fiduciary rule have carried over into the debate on the SEC's proposed regulation.