FIDUCIARY STANDARD

The Committee was formed in June 2009 by a group of investment professionals and fiduciary experts, just as policymakers and industry leaders were reviewing the repercussions of the financial crisis, to advocate that all investment and financial advice be rendered as fiduciary advice and meet the requirements of the five core fiduciary principles... The Committee formed in May 2009 to advocate for the authentic fiduciary standard as established under the Investment Advisers Act of 1940.

Also known as: the fiduciary standard

Primary location: Rumson United States