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Big Changes Expected from Obama Push on Fiduciary Standard
Pensions & InvestmentsLink to more items from this source
Mar. 2, 2015
"Administration officials say the new proposal will look very different from a 2010 attempt that got sent back to the drawing board after a storm of criticism. This time, it will include economic analysis and several exemptions to prohibited transaction rules that would allow service providers to maintain their compensation practices, such as commissions and revenue sharing, as long as clients' interest come first and potential conflicts of interest are disclosed."

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