Chairman Duties

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  • SEC Delays Uniform Fiduciary Duty Standard For Brokers

    forbes.com 3 weeks, 6 days ago

    The SEC has decided to take a deep breath and reconsider whether to proceed with imposing a fiduciary duty on broker-dealers. Investment advisors are currently subject to the higher standard of loyalty, based on the position of trust that they enjoy with their clients. Just one year ago, the SEC issued a Staff Study, mandated ...

  • Panel Clears Audit Firms Of Olympus Scandal Blame

    yahoo.com 4 weeks, 1 day ago

    TOKYO (Reuters) - An unofficial panel of experts cleared global accounting groups KPMG and Ernst & Young of any responsibility for a $1.7 billion accounting fraud at Japan's Olympus Corp, though the role of the firms remained under official re...

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