Sentences with phrase «hard fiduciary standard»
If it's a hard fiduciary standard, it would kill the sales of annuities by commissioned salespeople.
https://www.thinkadvisor.com/ Not exact matches
Closer to home, financial advisors must think long and hard about the moral hazards of not adhering to a fiduciary standard.
Further, and this gets to the heart of the strength of the fiduciary standard, the SEC notes there can be no «hard or fast rule» for addressing material conflicts, because the duty adjusts according to the needs of the particular client.