The main article of our Investment Quarterly for the first quarter of 2010 looks at the controversy that has for many years raged in the financial services industry, and that with consideration of financial reform has spread to the halls of Congress, over whether stockbrokers should be required by law to adhere to the fiduciary standard of care for their clients that financial planners and investment advisors have long upheld. We explore what the fiduciary standard means for investors, and how a requirement to meet it would be problematic for stock brokers and insurance agents.