Broker-Dealers and Investment Advisers: Comment Period Open for New Nevada Fiduciary Law

Here is our analysis of Nevada’s amended financial planner law, its impact on investment advisers and broker-dealers, and the role yet-to-be-released regulations will have on these institutions.

George Michael Gerstein advises financial institutions on the fiduciary and prohibited transaction provisions of ERISA. As co-chair of the fiduciary governance group, he assists clients with tracking, and understanding, the numerous fiduciary developments at the federal and state levels, including the rules and regulations of governmental plans. He also advises clients with respect to the fiduciary duty implications of ESG investing.