Investor protection is fundamental to our three-part mission, and we are here to represent you. Furthermore, new and emerging technologies create the risk of gaps in investor protection. For example, currently, there are significant gaps in investor protection when it comes to the American public—including older Americans—buying, selling, or lending crypto assets. You heard about them today: fiduciary duty, duty of care, duty of loyalty, best execution, and best interest—standards that also apply to older Americans’ work with investment professionals. Looking out for older Americans is a group enterprise.
Source: New York Times April 28, 2022 16:20 UTC