Groundbreaking Financial Ethics Expert & MET Teacher Lauded for Influence
At 92 years young, Tamar Frankel has seen plenty of change take its time. Hired as BU’s first female law professor in 1963, she continues to instruct to this day, and co-teaches MET AD 678 Financial Regulation and Ethics with MET Associate Professor of Administrative Sciences Irena Vodenska. Frankel played a key role in the advancement of the fiduciary rule, a U.S. Department of Labor regulation which stipulates that financial advisors must act in the best interests of retirement clients. The Trump administration has delayed implementation of the rule, but Frankel believes it will endure. “What the rule has done is sown the seed, and the longer it takes the better off we are, because what we must change is the culture and the habits in the financial industry,” she told the Wall Street Journal. “Habits don’t change in one day. It takes time.”
Read more in the Wall Street Journal.