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The June 5 Releases Today we focus on the new SEC interpretative release on the fiduciary duties of investment advisers and provide a brief summary of its contents (“ The Fiduciary Duty Release ”). [1] This Release is part of a package of new rules and interpretations adopted by the SEC on June 5, 2019. In total, there are four new rules and interpretations: Regulation Best Interest (“BI”); Form CRS, a new form for advisers and brokers; the Fiduciary Duty Release; and the Release on the “solel
Black holes are objects with an intense gravitational pull so strong that not even beams of light, the fastest things in the universe, can escape. This makes them impossible to see directly, and so astronomers have had to use a variety of clever techniques to confirm that they actually exist.
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