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Call for Vacatur of Massachusetts' Fiduciary Duty Standard for Broker/Dealers
Bryan Cave Leighton Paisner LLP
[Opinion] Sept. 8, 2023 "The Massachusetts Supreme Judicial Court upheld the fiduciary duty standard of care imposed on broker/dealers by the Commonwealth of Massachusetts on August 25, 2023. [This article explains] the practical implications of the recent court opinion and highlight why the United States Supreme Court should grant a Writ of Certiorari and vacate the Massachusetts' fiduciary duty standard." [Robinhood Financial, LLC v. Secretary of the Commonwealth, No. SJC-13381 (Mass. Aug. 25, 2023)] |
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