Still, if one has confidence the marketplace will drive the industry towards focusing on the best interests of clients, then a de facto fiduciary standard can emerge organically, without overt reliance on regulators.
Tag "Don Trone"
We asked financial professionals across the nation for their thoughts on the SECâs effort. As you might imagine, itâs clear Regulation Best Interest has some good points and some not-so-good points.
Discover why “fiduciary” is the last word you want to bring up to 401k plan sponsors.
