Sentences with phrase «proposed fiduciary standard»

Not exact matches

Bogle told those assembled that he has been an advocate for «a federal standard of fiduciary duty, the duty of everyone who touches «other people's money» (OPM) to place the interests of [their] clients above [their] own interests» and that he supports the proposed Department of Labor broker fiduciary duty standard.

In rendering her decision, District Judge Barbara M.G. Lynn stated that the Coalition's motion should be granted because its proposed brief «provides a unique perspective» as the only filing party «representative of financial professionals in the United States already operating under a fiduciary standard.»

«Simply put, SIFMA is proposing a broker sales standard, not a fiduciary standard,» said Knut Rostad, president of the Institute for a Fiduciary Sstandard, not a fiduciary standard,» said Knut Rostad, president of the Institute for a Fiduciary fiduciary standard,» said Knut Rostad, president of the Institute for a Fiduciary Sstandard,» said Knut Rostad, president of the Institute for a Fiduciary Fiduciary StandardStandard.

«SIFMA's proposed departure from the Advisers Act is dramatic,» added Knut A. Rostad, president of the Institute for the Fiduciary Standard.

U.S. District Judge Barbara M.G. Lynn stated the Coalition's motion should be granted because its proposed brief «provides a unique perspective» as the only filing party «representative of financial professionals in the United States already operating under a fiduciary standard.»

The Labor Department's proposed rule would give them the chance to do that by requiring those giving retirement investment advice to act in the best interest of their clients and comply with the fiduciary standard already embraced by Rebalance IRA and other investment innovators.