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"[SEC Chairman Mary Jo] White said that she had assigned agency resources to determining whether a uniform standard should apply to all advisors ... One concern ... was establishing some 'clear guideposts' around what constituted a conflict of interest for brokers if they were acting under a fiduciary standard. 'Just because there are commissions [being paid] does not mean that there are conflicts of interest or that it is a violation of the fiduciary duty,' White said."
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