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Fiduciary Financial Advice to Retirement Savers: Don't Overlook the Prudent Investor Rule
Max M. Schanzenbach, Northwestern University School of Law, and Robert H. Sitkoff, Harvard Law School via SSRN 
June 16, 2016 "This essay calls attention to the regulatory imposition of the prudent investor rule on financial advisers to retirement savers. The essay also canvasses the basic tenets of the prudent investor rule, highlighting its nature as principles-based rather than prescriptive, and the customary role of an investment policy statement in compliance by professional fiduciaries." MORE >> |
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