Fiduciary Standard Needed for Top Financial Firms

In the Miami Herald, May 3, 2010, Benjamin Tobias wrote an opinion article: Fiduciary Standard Needed for Top Financial Firms. Benjamin wrote that following the aftermath of the Goldman Sachs scandal, Congress should enact a fiduciary standard in the financial service industry. He suggested that investors only deal with advisors that place clients’ interests first and embrace the fiduciary standard.