ACCESS EXPECTATION: THE TEST FOR FIDUCIARY ACCOUNTABILITY

  • Robert Flannigan
Keywords: Access, fiduciary accountability, expectation

Abstract

The argument persists that fiduciary regulation applies where there is a reasonable expectation that one will act in the interest of another. While the notion of reasonable expectation may have the appearance of substance, it is indeterminate and has the potential to radically reconfigure the conventional discipline. The proper (justified) test for fiduciary accountability is limited access.

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Published
2011-01-01
Section
Legal Commentary