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Incidentally, Let's Call Them Investment Advisers
Michelle Singletary in The Washington Post; subscription may be required
[Opinion] July 22, 2004
Excerpt: On Tuesday, the Financial Planning Association filed a lawsuit challenging a proposed SEC rule that Elizabeth W. Jetton, president of the FPA, said 'essentially allows broker-dealers to avoid the fiduciary and disclosure standards of the Investment Advisers Act of 1940 while acting as investment advisers and offering financial planning services.' I know that is a mouthful, but stay with me on this,
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