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After the SCOTUS Northwestern Ruling, Are TDFs a Ticking Time Bomb of Fiduciary Liability?
Fiduciary News; registration may be required 
Jan. 25, 2022 "When assessing the potential for fiduciary liability, one can divide the risks into two categories: conflicts-of-interest and failure of process. In neither case is poor performance itself seen as a stand-alone risk, but it often precipitates an action in one of these two categories." [Hughes v. Northwestern Univ., No. 19-1401 (S. Ct. Jan. 24, 2022)] |
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