Why a Committee for the Fiduciary Standard?The Committee was formed in June 2009 by a group of investment professionals and fiduciary experts, just as policymakers and industry leaders were reviewing the repercussions of the financial crisis, to advocate that all investment and financial advice be rendered as fiduciary advice and meet the requirements of the five core fiduciary principles.
Five Core Principles:
• Put the client’s best interests first;
• Act with prudence, that is, with the skill, care, diligence and good judgment of a professional;
• Do not mislead clients--provide conspicuous, full and fair disclosure of all important facts;
• Avoid conflicts of interest;
• Fully disclose and fairly manage, in the client’s favor, unavoidable conflicts.
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January 12, 2018 Submitted Electronically to firstname.lastname@example.org The Honorable Jay Clayton U.S. Securities and Exchange Commission 100 F Street NE Washington, DC 20549-1090 Re: Public Comments from Retail Investors and Other Interested Parties on Standards of Conduct for Investment Advisers … Continue reading
September 24, 2010 The Fiduciary Forum 2010 In Fall 2010, as Required by Section 913 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Securities and Exchange Commission (SEC) conducted a Study on Investment Advisers and Broker-Dealers of … Continue reading