Sentences with phrase «uniform fiduciary standard for»

For the person that's fully commission - based, I don't think they'll exist because when the regulators finally decide that there's a uniform fiduciary standard for anyone dealing with the public, they'll be forced to adapt.

White announced in a late March speech that «in order to more fully inform the commission's decision on this matter,» she had directed SEC staff to compile a list of all those options, including, she said, «a uniform fiduciary standard for broker - dealers and investment advisors when dealing with retail customers, and other measures that may be more targeted and achievable in the shorter term.»

«We support a new uniform fiduciary standard for everyone that's providing retail investment advice, and yet we have no idea exactly what that standard will look like.»

The DOL proposal does not establish a uniform fiduciary standard for all retirement plan financial advisors.

Not exact matches

Americans for Annuity Protection has engaged in active outreach to leaders of influence to establish the argument that the DOL's fiduciary rule should be returned because of the analysis performed by the department is flawed, inconclusive and arbitrary; it is not compatible with the Uniform Security Law or established insurance law, and the law has potential conflict with the Dodd - Frank requirements to the Securities and Exchange Commission (SEC) on reviewing a uniform fiduciary stUniform Security Law or established insurance law, and the law has potential conflict with the Dodd - Frank requirements to the Securities and Exchange Commission (SEC) on reviewing a uniform fiduciary stuniform fiduciary standard.

Dale Brown, FSI president and CEO, remarked in a Friday statement that FSI «applauds the president's action, which will delay a rule with devastating consequences for so many people,» adding that FSI «stands ready to work with the president and his administration to put in place a uniform fiduciary standard that protects investors, while not denying quality, affordable financial advice to those who need it most.»

Despite SIFMA's public statements that it supports a uniform fiduciary rule for all advisors, the Institute for the Fiduciary Standard believes that the brokerage industry group is really advocating a less stringent brokers fiduciary rule for all advisors, the Institute for the Fiduciary Standard believes that the brokerage industry group is really advocating a less stringent brokers Fiduciary Standard believes that the brokerage industry group is really advocating a less stringent brokers -LSB-...]

«For the uniform fiduciary standard to be effective, investors need to understand any material conflicts of interest» and «the staff believes it is the firm's responsibility — not the customers» to reasonably ensure such customer understanding.

Adoption of a uniform fiduciary standard will bring substantial practical benefits and additional investor protections for consumers of all incomes.

he Financial Planning Coalition to urge the SEC to adopt a uniform fiduciary standard, for both investment advisers and broker - dealers, which is no less stringent than the existing fiduciary standard for investment advisers.

Wouldn't the adoption of a uniform fiduciary standard create additional costs for broker - dealers?

CFP board is working with the Financial Planning Coalition to urge the SEC to adopt a uniform fiduciary standard, for both investment advisers and broker - dealers, which is no less stringent than the existing fiduciary standard for investment advisers.