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Trends from the 2012 Fiduciary Survey of Investment Advisors and Registered Representatives
ThinkAdvisor
May 15, 2012
"The survey not only sought advisors' opinions on the fiduciary standard but also gauged their understanding of what such a standard means now, or would mean, to their businesses. Key findings in the first report on the survey pointed out that registered reps and investment advisors in the field believe that extending the fiduciary standard would not cost investors more for advice, limit access to advice or products nor price investors out of the market for advice."
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