Disclosure is largely a “waste of time” because investors don’t read it, Australian regulator says
Advisors already owe extensive duties to their clients within the obligation to deal honestly and fairly with them
Firms need to establish a culture of compliance —starting at the top of the organization
In the absence of progress from the SEC and FINRA, the U.S. Department of Labor is pushing its own proposal
Despite much confusion about terminology, U.S. study reveals consumers don’t have much trust in stockbrokers
57 per cent of retirement accountholders could lose access to advice if the rule is adopted
Extension of a best-interests standard to retail advisors could drive a revamp of business practices
Investors’ freedom of choice is somewhat illusory. But we can change that and, in the process, make things better for investors and advisors alike
Courts impose a fiduciary duty only in some circumstances