"On a number of prior occasions, CFA Institute has expressed concerns about the different standards of care currently required of broker-dealers and investment advisers, when they provide the same services to clients. We remain committed to a position that those who provide personalized investment advice to retail investors should be held to a single fiduciary duty standard, regardless of the title of the service provider. That standard should be consistent with, and no less than, the current fiduciary standard that requires investor interests to put first."  MORE >>