Market Forces — Not Regulation — Are Driving Adoption of Fiduciary Standard

SEC’s New ‘Best Interest’ Rule Is Far From Best for Investors The brokerage industry has again skirted the need to put investors first. Bloomberg, June 24, 2019.       There is much to be said for the fiduciary standard of care for investors, meaning that those in the business of selling investment advice and…

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The post Market Forces — Not Regulation — Are Driving Adoption of Fiduciary Standard appeared first on The Big Picture.

source https://ritholtz.com/2019/06/market-forces-not-regulation-are-driving-adoption-of-fiduciary-standard/

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