Professor Dana Muir’s Research Cited in Senate Investigation on Financial Advisor Ethics and Responsibility
University of Michigan Ross School of BusinessA recent U.S. Senate investigation into financial advisors' responsibilities, led by Senator Elizabeth Warren, highlights significant conflicts of interest in some financial advisor and client relationships. The report raises questions about fiduciary responsibility and whether some financial advisors prioritize their profits over the best interests of their clients. Dana Muir, Arthur F. Thurnau Professor of Business Law, is an expert on fiduciary and remedial issues, and her research was cited in the report.