Panel 1: Introducing the Fiduciary Standard Debate

Edward Waitzer, Stikeman Elliott LLP (Partner) and Hennick Centre for Business and Law (Director) – Moderator
Tamar Frankel, Boston University School of Law (Professor of Law)
Laura Paglia, Torys LLP (Partner)
Knut Rostad, The Committee for the Fiduciary Standard (Executive Director) 

This panel will lay out the key issues in the debate over whether to apply the fiduciary standard to all financial service professionals.  Topics to be discussed include:

  • What is the fiduciary standard and to whom should it be applied?
  • The different definitions of the fiduciary standard put forward in various proposals.
  • The relationship, or lack thereof, between the need for a fiduciary standard and the current financial crisis.