Sentences with phrase «fiduciary standard issue»

Not exact matches

After careful review and consideration of the comments, the Department is issuing this final rule that will (1) extend the applicability date of the Fiduciary Rule, the BIC Exemption, and the Principal Transactions Exemption for 60 days until June 9, 2017, and (2) require that fiduciaries relying on these exemptions for covered transactions adhere only to the «best interest» standard and the other Impartial Conduct Standards of these PTEs during a transition period from June 9, 2017, through January 1, 2018.

So are we talking about fiduciary standards or compensation issues?

The answer to all of the issues is to adopt the SEC's recommendations and make the industry operate under the fiduciary standard.

The broker raises some interesting points about the issues surrounding a fiduciary standard for brokers — and illustrates a few as well.

Issues tackled by SFAC members through their individual efforts in 2017 included the PCAOB audit requirement, BrokerCheck, the fiduciary standard, various industry - related tax reform bill provisions, and other issues related to broker - dealers and investment advIssues tackled by SFAC members through their individual efforts in 2017 included the PCAOB audit requirement, BrokerCheck, the fiduciary standard, various industry - related tax reform bill provisions, and other issues related to broker - dealers and investment advissues related to broker - dealers and investment advisers.

But with the fiduciary standard in place, opponents say the liability issue will hurt the industry and make it tougher for small savers to get access to financial advice.

«(The fiduciary standard) is a far greater, larger issue... than how advisors should be regulated, it is about how well is our free market economy working.»

Why is the fiduciary standard of care an issue of concern?

Further, some of our profession's biggest competitors, such as trust companies, investment advisers and others are making the professions lack of disclosure in pricing and commissions a BIG issue in their presentations to injury victims, highlighting the level of regulatory supervision they need to adhere to and the Fiduciary Standard they are required to uphold when dealing with the injury victim.

Areas of expert consultation, formal opinions, and testimony include reasonableness of fiduciary and attorney fees, standards for fiduciary conduct, spousal elective share issues, and characterization of trust beneficial interests in dissolution of marriage cases.

According to new regulations issued this week by the Labor Department, financial advisors and brokers who manage individual retirement accounts (IRAs) and 401 (k) s must act in accordance with their clients» best interest by following the «fiduciary standard.»