Quotes · Quote card
Quotation from SEC v. Capital Gains Research Bureau, Inc. by Supreme Court of the United States
“The statute, in recognition of the adviser's fiduciary relationship to his clients, requires that his advice be disinterested.”
SEC v. Capital Gains Research Bureau, Inc., Opinion of the Court (Justice Goldberg), Part III (U.S. Reports text (Legal Information Institute))
Justice Goldberg states the core duty the Advisers Act imposes.
Citation: "The statute, in recognition of the adviser's fiduciary relationship to his clients, requires that his advice be disinterested." — Supreme Court of the United States, SEC v. Capital Gains Research Bureau, Inc., Opinion of the Court (Justice Goldberg), Part III (U.S. Reports text (Legal Information Institute)). (id sec-v-capital-gains-research-bureau-q2)
Portrait: Justice Arthur Goldberg - 1965 - A720-5, Yoichi Okamoto, Public domain.
