On the recordMay 9, 2023
Asset managers should understand that they are stewards of money that is not theirs, and their failure to act in the best interest of their clients is dereliction of duty.
Source
congress.govAsset managers should understand that they are stewards of money that is not theirs, and their failure to act in the best interest of their clients is dereliction of duty.
Emphasizing the responsibility of asset managers to prioritize client interests over personal agendas.
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