In contrast to this Rollover Opinion, under the DOL's new and broader definition of fiduciary advice, any and all rollover recommendations would generally be
viewed as fiduciary advice.
In fact, a recommendation for a participant to take a rollover distribution would be
viewed as fiduciary advice, even if the advisor does not include any actual investment recommendations along with the rollover recommendation.
Daniels
views it as a fiduciary duty to talk with sellers about the effect odors can have on a home sale.
Not exact matches
The key to understanding the
fiduciary rule is «are you making a recommendation, and do you get paid in a way that after the fact can be
viewed as conflicted,» Blass said.
However, it is an unusual circumstance and could influence a court's
view as to whether a
fiduciary breach occurred or has been properly alleged in the complaint.
Some sponsors are selling them in lieu of non-traded BDCs and REITs because they are
viewed to be more investor friendly
as sponsors look to address FINRA notice 15 - 02 and the new DOL
fiduciary rule.
The best among them probably
viewed themselves
as responsible
fiduciary caretakers; they did not take reckless risks, because they knew that people trusted them and depended on them to keep their money safe.
Others understand the beneficiary of directors» and officers»
fiduciary duties to be the corporation itself (
as distinct from the corporation's shareholders) and see this
as underwriting the stakeholder
view of the corporation — the idea that the corporation should be managed in the interests of all of its stakeholders.
I
view a public management team
as having a
fiduciary duty to let people know they exist.
Since my
views on what is best for Cooper Union are at such variance with others on the Board, I do not believe I can fulfill my
fiduciary responsibilities and function
as an effective board member.
We should
view the Academies
as holding a professional duty to the public, a
fiduciary duty, to endorse scientific claims only after thorough, published review.
On the contrary, after the Supreme Court ruled in favour of Guerin and held that the
fiduciary obligation of the Crown to a First Nation was a real and justiciable obligation and not,
as the Crown would have had it, «a mere political trust, a senior Justice official was heard to say of the Court's decision, «They have their
view of the law and we have our
view of the law.»
When I left Lawyer Metrics in late 2016, and before I started Legal Evolution, I resigned from Qualmet's Board,
as I
viewed fiduciary obligations to any legal industry business
as incompatible with my role
as editor.
Trump advisor and Skybridge Capital Managing Partner Anthony Scaramucci said prior to the election Trump would repeal the Dept. of Labor's
fiduciary rule, finalized in April
as he shares Trumps»
view that it is a prime example of government overstepping its bounds.