Download This PaperFiduciary Duties and Securities Brokers: A Need For a Uniform Standard
8 Pages Posted: 20 Aug 2019
Date Written: July 23, 2019
Abstract
There has been a close examination of the standards of conduct for brokers and investment advisers. The Securities and Exchange Commission recently adopted Regulation Best Interest. Notwithstanding the SEC's adoption of this new standard, several states have examined the state level standards applicable to brokers and investment advisers and have proposed new rules. This article describes the SEC's reg BI as well as the actions in Nevada, New Jersey, and New York.
Suggested Citation: Suggested Citation
Lazaro, Christine and Fabrizio, Michael R., Fiduciary Duties and Securities Brokers: A Need For a Uniform Standard (July 23, 2019). St. John's Legal Studies Research Paper No. 19-0034, Available at SSRN: https://ssrn.com/abstract=3439733
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.