Sentences with phrase «regulated as fiduciaries»

Most fee - based financial advisors regulated as fiduciaries appear to feel the same way.

Not exact matches

Others have joined the «Title Train» and are urging the Securities and Exchange Commission to consider regulating «titles» as it considers a fiduciary standard.

Let me frame this by pointing out that in the current (partly) capitalist free - market system descended from the winner of the Cold War, judgements of necessity of actions by corporations are generally made (at the top) by the CEO and / or Board of Directors, acting in a fiduciary capacity as regulated by various governmental entities.

of the Legal Prof. 283, at pp. 296 - 298, I suggested that we should regard lawyer independence as a public trust and that we should meld non-governmental oversight and the public trust as the way to deal with lawyer regulators who breach their fiduciary duty to regulate in the public interest.

The Employee Retirement Income Security Act (ERISA) is a federal law that regulates how employers and other fiduciaries handle retirement plans as well as employee insurance and benefits.

Unlike plaintiffs» lawyers who take a percentage of recovery as fees, the litigation investors and funders are not regulated, and unlike the lawyer, owe no fiduciary duty to the client.

Adoption of an approach to regulating conflicts of interest that diverges significantly from the Supreme Court's bright line test and interpretation of fiduciary duties might lead to lawyers being removed as counsel by a court even though they have complied with the rules set by law societies.

With no regulated fiduciary like a lawyer to rely upon as the protector of borrower information, US lenders are increasingly demanding that title agents obtain formal industry certification for their data security compliance.