Fiduciary Links: Is an adviser self-regulator a fait accompli?
Posted by fi360 Team on June 23, 2014
>>>At a recent CFA Institute conference focused on self-regulation for advisers, the panelists looked past the debate of whether an adviser SRO was the best option, and instead treated it as the inevitable conclusion to the regulatory oversight debate. They started directly with covering how an eventual SRO should operate and how that will affect advisers and their clients.
In his most recent column for InvestmentNews, fi360 CEO Blaine Aikin covers some of what he heard at the event, including the CFA Institute’s report on the 10 characteristics that an effective SRO must demonstrate. Those characteristics are: authority, governance, conflict management, supervision, surveillance, enforcement, regulatory database, market disruption procedures, innovation, and dispute resolution. You can download the full report from the CFA Institute’s website.
>>>We’d also like to point out that InvestmentNews released their Top 40 Under 40 list of young leaders this week and it includes four of our very own AIF designees:
- John Salter
- David Blanchett
- Katherine Liola
- Thomas Martin
Congrats to each of them and the rest of the list on leading the way!
Now on to the rest of the week’s best links:
News and columns from the leading trade, consumer, and mainstream media:
- Let there be light in fixed-income markets: SEC’s White [InvestmentNews]
- FINRA seeks to tighten investor dispute rules [InvestmentNews]
- Retirees suffer as 401(k) rollover boom enriches brokers [InvestmentNews]
- Is the market efficient? Cliff Asness says yes, and no [ThinkAdvisor]
- How should advisors approach alternatives? [Financial Planning]
From the organizations/associations/government/academia:
- 401(k)s far from failed experiment, says EBRI. You can read more about it here, in this MSN article. [NAPA Net]
From the blogs:
- Trending topics for ERISA plan sponsors [FiduciaryNews]
- Ron Surz is interviewed on how to solve TDF problems [FiduciaryNews]
- Americans still aren’t saving for a rainy day [TIME, Business Money]
- Instinct can beat analytical thinking [Harvard Business Review]
- Weekend reading for financial planners [Nerd’s Eye View]
- Supreme Court finds that inherited 401(k)s are not protected, so what does that mean? [The Trust Advisor]
Articles your clients are reading, (or should be):
