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Judge Judy and the SEC's Best Interest Proposal
The Prudent Investment Fiduciary Rules Link to more items from this source
[Opinion]
May 29, 2018

"At some point, the SEC is going to have to address the issue of the definition of 'best interest' under their 'fiduciary' proposal.... [T]he easiest and most effective option would be to adopt the DOL rule's definition ... If, as expected, the DOL chooses to adopt the SEC's eventual fiduciary rule, this would obviously make the transition easier for the DOL, plan sponsors and plan participants.. The DOL's definition of 'best interest' would also further the alleged purpose of the SEC's BI proposal -- protecting investors."

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