Fiduciary duties appear in various business relationships ... and the disciplinary history of the financial professional and their firm. The Short-Lived Fiduciary Rule While “suitability ...

Fiduciary duty obligates a professional to act in the client’s best interests. This can apply to financial advisors, attorneys, real estate agents and other professionals. Fiduciary duty is ...

In early Roman history, when someone needed a rock-solid ... The Investment Advisors Act of 1940 states that investment advisors have a fiduciary duty to act in their clients' best interest.

When it comes to demonstrating and maintaining a fiduciary duty, financial professionals who have the accredited investment fiduciary, or AIF, credentials have a little more "oomph." This ...

It’s not a guarantee. Let’s dive into those more. Fiduciary Legal Standard Fiduciary duty is imposed by the Securities and Exchange Commission (SEC). Fiduciary duty is satisfied by full and ...

Following a bench trial, Judge O'Connor (N.D. Tex.) held that “that Defendants breached their fiduciary duty by failing to loyally act solely in the retirement plan's best financial interests by ...

Plan fiduciaries of the Allstate 401 (k) have prevailed in a fiduciary breach suit challenging their selection of a set of target date funds and advisory services. Plan fiduciaries of the Allstate 401 ...

2024), Plaintiff brought a class action suit against American Airlines and its Employee Benefits Committee (“EBC”) alleging breaches of fiduciary duties of loyalty and prudence resulting from ...