The article discusses fiduciary obligation that broker-dealers and investment advisers owe their clients. It addresses questions in ascertaining whether financial reform is needed. The fiduciary obligations imposed on brokers and advisers are examined. An analysis of whether fiduciary duties should be imposed on brokers providing advice is offered.
Arthur B. Laby,
Fiduciary Obligations of Broker-Dealers and Investment Advisers,
Vill. L. Rev.
Available at: http://digitalcommons.law.villanova.edu/vlr/vol55/iss3/6