Regulator's and CFP Board's Fiduciary Rules Will Be Complex, Backwards Looking, and Harmful

Reason No. 80 - Why Behavioral Governance is a superior alternative to Fiduciary:

The problem with proposed fiduciary standards is that every decision that can be made comes complete with its own set of rules.

Rules alone will never fully inform a fiduciary of their duties and responsibilities.

#behavioralgovernance #L5 #fiduciary #3ethos #Trone

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