Opinion: Fiduciary rules are down, but not out

09/21/2011 | AdvisorOne

Efforts to implement fiduciary standards for investment professionals have been shunted to the back burner this week after regulators came under pressure to reassess the proposed rule's implementation costs. It remains to be seen whether agencies' new cost calculations will include the cost to individual investors, or only to financial firms, writes Bob Clark. "Protecting the investing public ... can only be achieved by accurately calculating the true costs of the current regulatory schemes to investors," he argues.

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