Ah, to be in Washington D.C., during Fiduciary September.
I was honored to be invited to attend the exclusive Fiduciary Summit last week. The 40 or so thought-leaders (so they told us) heard from both sides of the issue. What strikes me is the rather weak arguments made by those opposed to, and even those who believe they advocate for, the fiduciary standard.
This was perhaps best represented by the live in-person dialogue between two former regulators. I couldn't believe my ears.
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