"[T]he SEC has received a small library's worth of fresh investing industry commentary on the multifarious issue of identifying and preventing advisory industry conflicts of interest. Many of the comments mention serious discomfort with the DOL's strengthening and expansion of its fiduciary standard, voicing a whole host of now-familiar concerns that a stricter DOL conflict of interest paradigm may unnecessarily jeopardize well-established compensation practices that have only recently become the object of scrutiny and are not in themselves problematic."

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