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Re: janice shell post# 8112

Tuesday, 06/21/2016 3:40:51 PM

Tuesday, June 21, 2016 3:40:51 PM

Post# of 10794
Both of these organizations have a fiduciary responsibility: So when a TA does not perform proper Due Diligence they can be sued. Hopefully, they have E&O insurance (Error & Omissions Insurance)

Fiduciary - Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Fiduciary
A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons). Typically, a fiduciary prudently takes care of money or other asset for another person.

[url][/url][tag]http://scholarship.law.upenn.edu/cgi/viewcontent.cgi?article=7703&context=penn_law_reviewinsert-text-here[/tag]


[url][/url][tag]http://apps.americanbar.org/abastore/products/books/abstracts/5310344_chap1_abs.pdfinsert-text-here[/tag]