Thus were lines drawn in the sand. We’re left to wonder if the tide of time will wash away those lines or merely wash away the sense of urgency for a uniform fiduciary standard.
Tag "fiduciary"
If the major networks prefer to use former professionals as color announcers for sports events, why don’t they use specific industry professionals to write these types of stories for the mass media?
This was perhaps the most critical regulatory week in years with the SEC issuing two highly anticipated reports, including the Fiduciary Standard report. Many of this week’s articles explain the intrigue behind the SEC’s doings.
This one paper almost accidentally seals the deal for the fiduciary standard, exposes the conflict-of-interest created by 12b-1 fees and, dare we say, touches the forbidden third rail of all investment research…
As the world waits for the SEC to declare their decision on the fiduciary standard, the media spits out its last thoughts before the regulator makes its announcement.
Did the DOL just upstage the SEC? Or merely raise the liability for the 401k fiduciary?
The question remains: Do the new DOL mutual fund reporting requirements merely add to the worries of 401k plan sponsors?
An otherwise quiet news week produces a flurry of stories on one single under-reported issue: coincidence or not?
Does the most widely read Fiduciary News story in 2010 reflect a latent concern among 401k fiduciaries or does is represent an eerie omen?
FiduciaryNews.com is sponsored by…
Fiduciary News Trending Topics for ERISA Plan Sponsors: Week Ending 1/28/11
One the dust settled, the rejoicing stopped and outright concern rose. Perhaps the Republicans on the SEC Commission were right, albeit for the wrong reasons.