In June 2020, a new proposal, Proposal 3.0, was released by the Department of Labor, which “reinstated the investment advice fiduciary definition in effect since 1975 accompanied by new ...

In the case of the retirement security rule, which a federal court vacated in 2018, “the definition of a fiduciary is different. What is covered under it is different,” Su said. The new rule ...

"An advisor who is solely commission based is not a fiduciary advisor," Lanter says. "While there isn't a universally accepted definition of fee-only, the basic concept is that the fee-only ...

The new buzzword within the financial industry is “fiduciary,” but what does it really mean for an adviser to be a fiduciary? A fiduciary is someone who acts on behalf of another person ...

An outpouring that is arguably due to Carter’s habit to wear on his sleeve his fiduciary bona fides throughout his life. The tribute will climax Jan. 9 with a state funeral in Washington DC.