Sentences with phrase «interest standard»

The primary caregiver presumption included in best interests standards refers to which parent was most hands - on with child care when the family was intact.

The fiduciary rule extends a best - interest standard of care to anyone investing or doing financial planning with retirement dollars.

However, the best interests standards do favor the parent who typically cared for the children during the marriage, and this is often the mother.

The best interests standard includes a variety of factors judges must consider to determine which parent is most likely to help their child thrive.

The proposal calls for a best interest standard and calls on brokers to establish policies and procedures to identify and avoid conflicts.

This leaves the SEC's revised conflict of interest standards for brokers and advisers as the leading alternative.

The National Association of Insurance Commissioners holds a conference call today to discuss the harsh criticism it has received from all sides on its best - interest standard model law.

(d) may establish public interest standards for gaming operations, including but not limited to extension of credit, advertising, types of activities allowed and policies to address problem gambling at gaming facilities.

Under the new standard if the non-custodial parent can prove a «significant detriment» to the move the court must apply the best interest standard in determining whether custody should be changed to the parent who remains.

For that money, expect to find a model fully tweaked with a lot of interesting standard features, like the black exterior or the 18 - inch alloy wheels borrowed from the Privilege.

FAIR Canada calls for a best interest standard so Canadians get the advice they expect and deserve,» Passmore said in a statement.

«We really care about moving to the best interest standard [and] we will be responsive to anything the SEC thinks we should move forward on» in this regard.

The same relevant + interesting standard applies for following, unfollowing, and engaging with our audience.»

Nonetheless, to my knowledge, claims of Free Exercise infringement generally fail when relating to taxes, as tax collection is typically held to meet the compelling interest standard.

At a Science Committee hearing held earlier this year, NSF Director France Córdova agreed with a legislative effort to uphold a national interest standard for taxpayer - funded research grants.

The Kicks does offer interesting standard safety features like autonomous emergency braking and forward collision alert.

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Designboom shows the latest building designed to the ZEB (Zero Energy Building) standard, perhaps the toughest and most interesting standard in the world.

Huawei's SuperCharge is one of the more interesting standards we've tested, showing impressive results under most conditions.

Georgia's best - interests standard specifies 17 factors a judge must weigh when determining issues of custody.

The best interests standard means the court considers:

A change of custody must be contemplated under the best interests standard as the Perrault «standard of a «strong possibility of harm» has been met.

Here in Canada, however, the Canadian Securities Administrators have been consulting with provincial regulators about introducing a statutory best interest standard for advisers since 2012, and the matter is still under review.

The National Association of Insurance Commissioners holds a conference call today to discuss the harsh criticism it has received from all sides on its best - interest standard model law.

The decisions in both LaMusga and Bodne are representative of the current trend toward relying on a best - interests standard in determining whether to allow a custodial parent to relocate.

It would amend the Securities Exchange Act of 1934 to include a best interest standard of care for brokers advising investors in the retail market.

«Many of the comments expressed support for, or a willingness to work towards, a best interest standard for annuities and life insurance,» wrote Maria T. Vullo, superintendent of the DFS.

These commenters generally noted that many of the nation's largest financial institutions publicly state their current adherence to and support for a best interest standard, and stated the merits of this approach should be beyond dispute.

Improvements in reporting capabilities have shed more transparency on annuities and that has only served to reassure RIAs who operate under a best - interest standard and must accept only «reasonable» compensation.

Further, the institution involved must warrant that it has adopted policies and procedures designed to reduce conflicts of interest, and is the entity that is ultimately responsible for the advisor's satisfying the best interests standard.

By April 2017, investment advisory firms will have to be in compliance with the Department of Labor's new fiduciary rule requiring them to adhere to a «best - interest standard» in advising their customers.

«We must now rely on commenters to tell us how well we've articulated a best interest standard.»

The NAIC effort to establish a best - interest standard has been fraught with disagreement so far.

While SIFMA «has long supported a best interest standard for all advisors,... we remain concerned that the DOL's rule could force significant changes to current relationships, which may leave clients without the help they need to prepare for retirement, at a time when we all agree that more can and should be done.»

Meanwhile, the Securities and Exchange Commission recently voted to propose a rule package that would set a best interest standard for broker / dealers.

New York State officials are back with a revised best - interest standard for annuities and life insurance.

Kent Mason, a partner with Davis & Harman in Washington, a law firm serving banks and large corporations, says that while the administration's goal «is to require advisors to act in the best interest of their customers, the industry has no concerns with such a requirement, as evidenced by the industry's longstanding support» for an SEC best - interest standard.

While Chamber «supports a best interest standard, this rule will have unintended consequences.»

While level fee advisors must acknowledge their fiduciary status in writing and adhere to the generally applicable best interests standard, they are not required to execute the formal contract that is otherwise required to satisfy the best interest contract exemption.

According to a DOL fact sheet, in April 2017, the «broader definition of fiduciary will take effect, but to take advantage of the [best interest contract] exemption, firms will only be required to comply with more limited conditions, including acknowledging their fiduciary status, adhering to the best interest standard, and making basic disclosures of conflicts of interest.»

Zients noted that DOL's final rule «incorporates feedback, helps to streamline and clarify the proposal, to minimize the compliance burden and ensure continued access to good advice, while at the same time maintaining an enforceable best interest standard.»

«We support a best interest standard and believe that professional financial advisers have a crucial role to play in encouraging retirement saving and investing,» Wells Fargo said in the statement.

Any best interest standard, he continued, has to recognize that «significant change» needs to occur regarding disclosure and fees, and that that information should come «up front,» suggesting that BDs should have to disclose such information to clients in a format similar to the Form ADV that advisors give to their clients.

One year after the rule's publication, in April 2017, the «broader definition of fiduciary will take effect, but to take advantage of the BIC exemption, firms will only be required to comply with more limited conditions, including acknowledging their fiduciary status, adhering to the best interest standard, and making basic disclosures of conflicts of interest,» DOL states in a fact sheet released Tuesday detailing some of the final rule's changes.

Furman and Stevenson note that while DOL's plan allows businesses to «continue using existing, conflicted business models,» it requires that they adopt «additional consumer protections such as ensuring advisors follow a best interest standard, enacting policies and procedures to manage and mitigate conflicts, and refraining from certain self - dealing transactions.»