Tagged: brokers

Fiduciary and investment banks

On the heels of allegations that Goldman Sachs took advantage of clients during the mortgage-market collapse, Congress reportedly is considering new legal standards for investment banks when they deal with customers.  Law Professor Tamar Frankel, an authority on securities law and author of “Trust and Honesty: America’s Business Culture at a Crossroad,” says slapping fiduciary […]

Brokers and “fiduciary” duty

Individual investors can benefit from a proposal within the Obama regulatory reform plan that obliges brokers to put their client’s interest ahead of their own and act with a higher “fiduciary” standard.  School of Law Professor Tamar Frankel, an expert on fiduciary law, can discuss how it would clear up the blurring of when the […]