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AALU Comment Letter to SEC on Duties of Brokers, Dealers and Investment Advisers (PDF)
Association for Advanced Life Underwriting [AALU] Link to more items from this source
[Opinion]
July 2, 2013

"[We] believe the Commission's pursuit of a fiduciary duty for broker-dealers is a solution -- a label -- in search of a problem, when the most effective way to address the Commission's concerns would be to identify the harm the Commission believes results from the different standards applicable to broker-dealers and investment advisers and offer targeted reforms to directly address such harm. We suggest that precious time and scarce SEC resources could have been better spent."  MORE >>

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