A new nonprofit organization called the Institute for the Fiduciary Standard will take up where the Committee for the Fiduciary Standard has not quite left off, “establishing a permanent entity that is focused exclusively on education regarding the fiduciary standard and why it’s so important” to investors and the financial services industry, in the words of cofounder Knut Rostad.

In addition to education, the Institute will also play an advocacy role and sponsor academic research and events exploring the issues surrounding a fiduciary standard.

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