fiduciary_sept_500x125Fiduciary September 2015


Welcome to Fiduciary September. The Institute celebrates Fiduciary September to highlight the indispensable role fiduciary principles serve in preserving trust and confidence in our capital markets. It includes:

    • Urging Congress and the SEC to apply the fiduciary standard and the six core fiduciary duties to all professionals rendering investment advice.
    • Urging industry participants to embrace fiduciary duties when investment advice is rendered.
    • Educating investors about the sharp differences between fiduciary advisors and sales brokers.

 

News

  • September 30, 2015 – Fiduciary Best Practices Briefing (Invitation)
    The Institute releases a finalized version of Best Practices, while industry leaders provide a timely, insider’s perspective on how Best Practices fit into the ongoing fiduciary debate.
  • September 30, 2015 – Remarks of Knut A. Rostad Release of the Best Practices for Financial Advisors (Transcript)
    In association with NAPFA, the Institute releases its Best Practices for Financial Advisors. Rostad explains why the industry and investors need Best Practices, and calls on Merrill Lynch to lead the brokerage industry by embracing them.
  • September 23, 2015 – Survey of Brokers and Advisers Reveals Support for DOL COI BICE Requirements, Even if they’re “Burdensome” (News Release)
    A WealthManagement.com and Institute survey demonstrates that brokers support key aspect of the Department of Labor’s COI BICE requirements, despite saying they are difficult and burdensome to implement.
  • September 8, 2015 – Fiduciary September 2015: Conference Call September 10th on Best Practices (News Release)
    Institute board members consider final edits to the Best Practices and discuss several key issues the practices have raised in deliberations with members of the media, advisors, and brokers.
  • September 8, 2015 – SEC Commissioners Luis A. Aguilar’s and Daniel M. Gallagher on Fiduciary Duty (Paper)
    Two SEC Commissioners will soon depart the SEC at a time of unprecedented focus on fiduciary duties. Commissioner Aguilar and Commissioner Gallagher have sharply different visions of those duties, as is evident in their statements.
  • September 2, 2015 – Fiduciary September 2015 Underscores Historic Time for Fiduciary Advice. (News Release)
    Fiduciary September 2015 is launched at “a moment in time as historic as 1940,” the birth of the Investment Advisors act. Scheduled events are outlined in detail.
  • August 11, 2015 – TD Ameritrade Institutional to be Exclusive Sponsor of Institute’s Fiduciary September 2015 Program. (Press Release)

 

Media Coverage

 

 

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