There is speculation this week that Senator Christopher Dodd (D-CT), will introduce new financial reform legislation that fails to make single fiduciary duty for Registered Independent Advisors (RIAs) and Broker-Dealers. This represents an expected 180?on the subject of fiduciary duty reform in light of intense lobbying efforts by the financial industry.
Posts Tagged ‘Independent Advisors’
Fiduciary Duty Reform Proposal May Backtrack on Previous Rhetoric
March 2nd, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: Backtrack, Banking Committee, Broker Dealer, Broker Dealers, Christopher Dodd, Committee Member, Fiduciary Duty, Fiduciary Issues, Independent Advisors, Investor Protections, Reform Legislation, Reform Proposal, Regulatory Standards, Rias, Securities And Exchange Commission, Senator Christopher Dodd, Senator Tim Johnson, Straw Man, Subprime Mortgage Meltdown, Tim Johnson 
Comments OffSenator Dodd on Fiduciary Duty: Can He Withstand the Lobbyists?
January 12th, 2010 Before You Invest After Senator Christopher Dodd’s surprise announcement last week declaring he would not seek reelection, many have begun to wonder about the policy ramifications this development will have on the remainder of his term in office. Financial reform is one such area of policy reform that the senator is tackling with much speculation over his resolve concerning fiduciary duty reform.
Posted in Finance Fraud Tags: Aisle, Banking Industry, Broker Dealers, Business Model, Christopher Dodd, Consumer Protection Act, Contravention, Fiduciary Duty, Independent Advisors, Lobbyists, Members Of The Senate, Provision, Ramifications, Reelection, Securities And Exchange, Securities And Exchange Commission, Senator Christopher Dodd, Senator Dodd, Speculation, Surprise Announcement No Comments »
