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How Will November Elections Affect the Fiduciary Debate?
Fi360 Blog
[Opinion] Oct. 10, 2012
"Although it took a financial panic to bring the fiduciary standard to the attention of Congress, the once backwater debate has been thrust front and center and shows no signs of ending.... Having opened the box by asserting legislative authority with the passage of ERISA, albeit with considerable deference to court interpretation at the time, Congress will continue to be urged by powerful interest groups to oppose or water down a new fiduciary standard."
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