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Poll Shows Growing Financial Advisor Opposition to DOL Fiduciary Rule
Financial Services Institute [FSI]
Nov. 28, 2012
"Financial Advisor opposition to the Department of Labor's fiduciary definition proposal has increased over the past year. This latest poll found that 91% oppose redefining the definition of fiduciary for financial advisors, up from 89% in August and 72% in February of this year. The redefinition would ban the earning of a commission on IRA advice, pricing millions of middle class investors out of the market on affordable advice."
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