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Keyword: Best interest standard

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European regulators seek to rein in firms’ nudges

ESMA aims to boost protections against emerging risks such as gamification

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SEC reminds firms to prioritize retail investors’ interests

Best interest rules and fiduciary duties should produce similar outcomes, U.S. regulator says

Law concept - Law book with a wooden judges gavel on table in a courtroom or law enforcement office

Judges disagree over fiduciary duty claim

Majority dismisses appeal, rejects proposed class action

young client meeting with advisor

FSRA title regime to include “best interest” provision

The regulator is consulting on new title guidance until Dec. 13

virtual regulation

SEC finds pervasive problems at U.S. robos

The regulator's reviews uncovered deficiencies at most firms examined

old way, new way

New conduct rules, same old conflicts: NASAA

U.S. firms continue to put their own interests ahead of clients' interests, regulators say

Two business men shouting through megaphones

FAIR Canada blasts banks for trimming shelves

The advocacy group calls for action to preserve competition and protect investors

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Pension giant settles with SEC, New York AG

The firm pushed advisors to recommend higher-cost managed accounts to clients

suspicious client

CFRs won’t disrupt DSC sales ahead of ban

Regulators are granting relief from certain CFR requirements to allow DSC sales until a ban takes effect

Justice scales and gavel by books

FCA seeks consumer duty standards

Citing continued consumer harm and a lack of trust, regulator plans tougher consumer protection requirements