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Rep. Wagner Introduces Bill to Kill the DOL Fiduciary Rule
InsuranceNewsNet.com Link to more items from this source
Sept. 29, 2017
"Rep. Ann Wagner, R-Mo., has introduced legislation that would create a new advisory standard somewhere between fiduciary and suitability.... Wagner's bill also would eliminate the fiduciary rule's prohibited transaction exemptions. It would amend the Securities Exchange Act of 1934 to include a best interest standard of care for brokers advising investors in the retail market."

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