The financial collapse of 2008 put the country in turmoil. In his latest commentary, John provides insight to financial markets and financial services firms today and discusses the rules and regulations being written to prevent another financial crisis. In an extension of his book “Stewardship: Lessons Learned from the Lost Culture of Wall Street,” John calls on business leaders and regulators to be stewards for clients and society.
John Taft is CEO of RBC Wealth Management-U.S. and Chairman Emeritus of the Securities Industry and Financial Markets Association (SIFMA), the leading securities industry trade group representing securities firms, banks and asset managers in the U.S. In this and other leadership roles at SIFMA, John has advocated for responsible financial reform and has testified before Congress in support of a federal fiduciary standard of care for investment professionals who provide advice to individual clients.