Welcome to the first week of a new decade. A short holiday week obviously means few developments on the fiduciary front, but the new year and new decade does bring out a lot of looking back and looking forward columns from around the industry, as you'll see in this week's links. Hopefully the decision makers take notice in the almost universal call for meaningful reform for the benefit of investors above all else.
On to the best links from the last week of 2009:
In the news/commentary:
- This year's Financial-Planning magazine's Movers and Shakers list features some familiar names: 2007 fi360 Conference speaker and Behavior Gap founder Carl Richards, and our founder, Don Trone
- The SEC has begun randomly contacting advisor clients to verify the nature of relationships and verify asset custody.
- Bob Clark sets his sights on the CFP Board saying they've passed on the opportunity to elevate financial planning to a profession.
- Fiduciary responsibility, a new regulator and more make the list of changes to look for in the '10s.
- 2010 will feature a lot of discussion on mutual fund fees.
- Kate McBride sees 2010 as the year of reform, again.
From the organizations/associations/government/academia:
- Our friends at Brightscope get featured in BusinessWeek.
From the blogs:
- Shelly Banjo of the Wall Street Journal and Veronica Dagher from Dow Jones discuss how advisers are preparing for 2010 and what a higher fiduciary standard could mean for advisory practices in their video post on WSJ's Financial Adviser blog.
- Roger Wohlner hopes 2010 will be the year of the fiduciary in his new year wish list.
- Due diligence on hedge funds show that close to half have legal or regulatory problems and a quarter misrepresent themselves.
Have a link we missed? Leave them in the comments section or email us at blog@fi360.com. For more of the best links during the week, make sure you follow us on Twitter.
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