SEC Unveils Consulting Industry Faux Pas

Lewis, Jakema
May 2005
Investment Management Weekly;5/23/2005, Vol. 18 Issue 20, p6
Focuses on the issue concerning the findings of the investigation conducted by the U.S. Securities and Exchange Commission (SEC) into the alleged corruption in the pension investment consultant industry. Consultant firms included in the investigation; Purpose of the probe, according to SEC spokesman John Nester; Key discovery of the investigation regarding the failure of consulting firms to consider themselves to be fiduciary to their clients.


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