maximize their own welfare within the boundaries of the regulatory rulebook. Applying a fiduciary standard to all financial …

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 …

This Chapter, written for the forthcoming Oxford Handbook of Fiduciary Law, identifies the fiduciary principles that … relationships in which a fact-specific assessment of a relationship and its circumstances triggers the application of fiduciary … duties, agency relationships are categorically treated as fiduciary. When a relationship of common-law agency links two …

costs avoided and created with the advent of trust protector, and examining the ramifications for fiduciary duty law …

The fiduciary norm, which prescribes agent behavior solely for the goal of the principal, without regard for other … goals, is defined in the context of the theory of agency. The fiduciary program, a set of procedures for determining the … principal's preferences and acting for them, is then defined and discussed. Two consequences of the fiduciary norm, a tendency …