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Third Annual fi360-ThinkAdvisor Survey of Investment Advisors: Information and Opinions About the Fiduciary Standard
Fi360 
Aug. 23, 2013
"Advisors largely rejected the arguments of opponents of placing investors' interests first by extending the fiduciary standard for advice.... [S]urvey respondents said extending to fiduciary standard to brokers: [1] Would not cost investors more for advice (79%). [2] Would not price investors out of the market for advice (69%). [3] Would not limit access to advice or products (68%). Survey participants strongly agreed that investors are unaware of the differences between the fiduciary standard governing investment advisers and the much lower 'suitability' standard used by the brokers."
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