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Determination Will Win the Fiduciary Race
Fi360 Blog
[Opinion] Oct. 24, 2012
"When anyone is in the business of providing investment advice, [the authors] believe they should be willing to assume a fiduciary role and be legally bound to putting the client's interest first. [The authors] have and continue to support a regulation that would extend the fiduciary standard to all who provide investment advice to retail investors and an expanded DOL fiduciary definition.... While those would both be faster fixes, both have been stalled repeatedly ... [The authors] continue to see slow, steady progress forward."
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