Summary | The duty of investment advisers to act as
fiduciaries, putting their clients' interests first, is a
higher standard than the requirement that brokers recommend
only "suitable” investments. But the regulatory oversight of
fiduciaries is infrequent by some measures and there is no
guarantee that fiduciaries will behave like, well, fiduciaries, ...
fiduciaries, putting their clients' interests first, is a
higher standard than the requirement that brokers recommend
only "suitable” investments. But the regulatory oversight of
fiduciaries is infrequent by some measures and there is no
guarantee that fiduciaries will behave like, well, fiduciaries, ...
blogs.wsj.com | 22 January 2016