Sentence examples for interest of clients from inspiring English sources

Two of them involved trading that allegedly wasn't in the best interest of clients.

On Tuesday, by a 254-166 vote, in which 30 Democrats voted with the majority, the House passed legislation that would make it harder for the Department of Labor to issue a rule that ensures investment advisers and brokers have the "fiduciary" interest of clients in mind when trying to sell them life insurance policies and other services.

A quick glance at the snappily named draft Legal Practitioners (Regulations and Maintenance of Standards in Professions, Protecting the Interest of Clients and Promoting the Rule of Law) Act 2010 shows that it has drawn heavily on the Legal Services Act 2007.

We find that a monopolist intermediary protects the interest of clients better than when intermediaries compete.

The temptation for brokers is to steer investors to proprietary funds because they are more profitable for their employers, not because they are necessarily in the best interest of clients.

They create incentives to buy and sell, even when trading is not in the best interest of clients.

Trust accounts require advisers to be even more diligent in putting the interests of clients ahead of the banks'.

There are, of course, many other intermediaries who operate within the rules and act in the best interests of clients.

It should be considered a red flag when insiders say this: "28 percent of respondents felt that the financial services industry does not put the interests of clients first".

At the heart of the debate over the new rules is the balancing of lawyers' obligations to represent the interests of clients against a larger, societal good.

By requiring that fund managers disclose how they vote shareholders' proxy votes, the S.E.C. hopes to ensure that advisers vote in the best interests of clients.