JERSEY CITY, N.J.--(BUSINESS WIRE)--TD Ameritrade Institutional1 brings industry influencers, independent registered investment advisors (RIAs) and retail investor advocates together for a Fiduciary Leadership Summit to be held June 13, 2013 at the Ritz Carlton, Palm Beach, Fla. The Summit aims to elevate the discussion around improving retail investor protections and increase clarity regarding regulations poised to impact the RIA industry and retail investors.
“The RIA industry is at a pivotal point in time as regulators consider new and enhanced rules which could impact the way RIAs serve their clients and run their businesses,” said Skip Schweiss, managing director of advisor advocacy and industry affairs, TD Ameritrade Institutional. “The Summit will serve as a platform for varying viewpoints on a potential uniform fiduciary standard of care for broker-dealers and investment advisors when providing personalized investment advice about securities to retail customers and help guide policymakers toward the best possible outcomes for RIAs and their clients.”
Fiduciary Leadership Summit Speaker Lineup
Panels:
- Retail Investor Insights Panel: How do Consumers View Financial Advice Standards?
- Financial Advice Industry View of the Fiduciary Standard
- Regulators’ View of the Fiduciary Standard
Speakers:
- Tom Nally, president, TD Ameritrade Institutional
- Skip Schweiss, managing director of advisor advocacy and industry affairs, TD Ameritrade Institutional
- Don Trone, CEO, chief ethos officer, 3ethos
- Arthur Laby, securities law professor, Rutgers University
- Steve Stone, partner, Morgan Lewis Law Firm
- Kevin Carroll, managing director and associate general counsel, Securities Industry and Financial Markets Association (SIFMA)
- David Tittsworth, executive director, Investment Adviser Association (IAA)
- Bob Colby, chief legal officer, Financial Industry Regulatory Authority (FINRA)
- Joey Brady, general counsel, North American Securities Administrators Association (NASAA)
The Consumer Federation of America, National Association of Personal Financial Advisors (NAPFA), Institute for the Fiduciary Standard, Financial Planning Association (FPA), American Association of Independent Investors (AAII) and the Certified Financial Planner Board of Standards are just a few of the industry groups that will also be represented.
Advisors are encouraged to get informed and get involved. The Securities and Exchange Commission (SEC) is currently requesting data, information, and comments about the benefits and costs of the various approaches to standards of conduct for investment advisors and broker-dealers. The responses the SEC receives will be critical to its analysis and outcome of this issue. Advisors can educate themselves about the application of a uniform fiduciary standard and potential impact on retail investors and RIAs by reading TD Ameritrade Institutional’s whitepaper, Uniform Fiduciary Standard: Impact on Consumers, Brokers, and Investment Advisors. Advisors can provide input by visiting the dedicated page on the SEC’s website. The comment period will remain open until July 5.
Additional Information
While the Fiduciary Leadership Summit
is an invitation-only event, advisors can get more information on these
topics, including updates on industry affairs and news impacting RIAs
and investors, by visiting www.TDA4Advisors.com,
following us on Twitter
@TDA4Advisors, and connecting on LinkedIn.
For more information about TD Ameritrade Institutional, please visit www.tdainstitutional.com.
TD Ameritrade is separate from and not affiliated with third party presenters and organizations, and is not responsible for their services, policies, content, and commentary.
About TD Ameritrade Institutional
TD Ameritrade Institutional1
is a leading provider of comprehensive brokerage and custody
services to more than 4,500 fee-based, independent registered investment
advisors and their clients. Our advanced technology platform, coupled
with personal support from our dedicated service teams, allows
investment advisors to run their practices more efficiently and
effectively while optimizing time with clients.
About TD Ameritrade Holding Corporation
Millions of
investors and independent registered investment advisors (RIAs) have
turned to TD Ameritrade’s (NYSE: AMTD) technology,
people
and education
to help make investing and trading easier to understand and do. Online
or over the phone. In a branch or with an independent RIA. First-timer
or sophisticated trader. Our clients want to take control, and we help
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years. An official
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again been recognized
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for more information.
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1TD Ameritrade Institutional is a division of TD Ameritrade, Inc., a brokerage subsidiary of TD Ameritrade Holding Corporation.
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