Monthly Archives: October 2009

SIFMA Proposal Falls Short in Protecting Investors, Says Fiduciary Group in Letter to Congress

October 20, 2009 Wall Street Lobby Seeks to Cut out Critical requirements of Disclosure, Managing Conflicts and Controlling Expenses in its Standard for Brokers Giving Investment Advice, says The Committee for the Fiduciary Standard  The Committee for the Fiduciary Standard, … Continue reading

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Comparison of Authentic and “SIFMA” Fiduciary Standards

October 20, 2009 Authentic “Prudence” is required Do not mislead; disclose all material facts (compensation, fees, expenses) in writing Control investment expenses Avoid conflicts, or disclose conflicts and always attain fully informed consent Managing conflicts in client’s interest Recognizes best … Continue reading

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