explains fiduciary principles in investment advice. Looking at United States federal and state law, the paper first addresses … when an adviser is considered a fiduciary. Next, it discusses the fiduciary duty of loyalty and how the duty is expressed … and applied in investment advisory relationships. The paper then takes up the fiduciary duty of care and how it differs …

that imposes on financial advisers to retirement savers “fiduciary” status under the Employee Retirement Income Security … Act. The Department reasoned that the fiduciary duty of loyalty was necessary to protect retirement savers from conflicted … investment advice. But in addition to a duty of loyalty, ERISA fiduciary status also imposes a duty of care or prudence. And with …

two issues: to what extent should investment bankers have fiduciary duties to investors? And should there be criminal … problems that might exist in the investment banking industry. Fiduciary duties are an amorphous concept which courts and … problems with fiduciary duties would be significantly exacerbated by imposing criminal liability for their breach …

exacerbated by their inadequate regulation. This paper will critically examine these two central issues and examine whether and …

ideal recommendation is vulnerable to the self-serving behavior of the agent. Regulation that decreases the agency costs to … maximize their own welfare within the boundaries of the regulatory rulebook. Applying a fiduciary standard to all financial …

using a corporate fiduciary and of appointing co-fiduciaries …

Department of Labor promulgated a rule that imposes on financial advisers to retirement savers “fiduciary” status under the … Employee Retirement Income Security Act. The Department reasoned that the fiduciary duty of loyalty would protect retirement … savers from conflicted investment advice. But in addition to a duty of loyalty, fiduciary status also imposes a duty of care …

of trillions of dollars of other people’s money subject to a sacred trust known in the law as fiduciary duty. Recently … fiduciary duty of loyalty. Under the “sole interest rule” of trust fiduciary law, a trustee must consider only the interests of … ESG investing is required by the fiduciary duty of prudence. Against this backdrop of uncertainty, this chapter examines …

. At the same time, however, confusion abounds about the intersection of fiduciary principles and ESG investing. This …, which complicates assessment of ESG investing strategies; (3) we summarize the current theory and evidence on whether ESG … fiduciary law generally prohibits collateral benefits ESG, but risk-return ESG can be permissible if supported by a reasoned and …