M. Clinton Lackey,
CFIRS
Director of Compliance Oversight for Fiduciary
and Insurance Activities
WELLS FARGO BANK
Charlotte, North Carolina
The Duty of Loyalty has always been fundamental to the administration
of fiduciary accounts. Are the challenges to that duty the same as they
always have been, or are we facing new circumstances that now present
us with unique conflicts and/or business arrangements that could
constitute self-dealing? Effective controls around these issues are
critical to retention of revenue, avoidance of regulatory actions, and
preservation of industry reputation. Join us for this session as
we reflect on the Duty of Loyalty and the challenges we now face
in avoiding or preventing them.
