The SEC staff thinks that fiduciary care is irrelevant. It has no more value to consumers investing retirement funds than it does when they buy clothes.

A new entrant in the battle to defeat distrust may surprise many: the U.S. Supreme Court. Three justices’ recent remarks offer a model for financial leaders.

By requiring brokers and advisers to offer true fiduciary services under a very limited set of circumstances, the new DOL rule has eviscerated fiduciary principles.

Reg BI takes effect June 30 and will encourage the acceptance and transmission of conflicts of interest. This rulemaking is a historic, giant step backwards in securities regulation.