Aren't financial advisors and the dealer groups supposed to...

Aren't financial advisors and the dealer groups supposed to represent the interests of their clients first and foremost?

Aren't financial advisors and the dealer groups supposed to perform independent research and analysis on products they recommend to their clients?

In the case of GS MIS products the answers were clearly NO!

In these circumstances, is it no reasonable to hold FA's and the dealer groups liable for their conduct?

Similarly negligent and unethical advice and conduct from other professional groups (medical and legal professionals, etc) would attract civil litigation and registration board attention.