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Dissection of Proposed Fiduciary Legislation Offers Way Forward for Fiduciary Rulemaking
Institute for the Fiduciary Standard Link to more items from this source
[Opinion]
May 30, 2013

"Congresswoman Wagner's impassioned plea to spare brokers' clients the harms of the fiduciary standard is important. It sets a course for a new conversation between the two sides that could be fruitful. [Professor Mercer] Bullard's sharp criticism ... is noteworthy, not because he is an investor advocate who might be expected to oppose these provisions. It is noteworthy because Bullard takes a moderate [tack] that reflects his wide-ranging experience and expertise and his openly independent views of the SEC and DOL."

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