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Regulation Best Interest: The Focus on Costs, Part 2
FredReish.com
Sept. 18, 2019 "[T]he SEC makes it clear that costs will always be a consideration. Second, the SEC addresses different share classes of mutual funds by saying that, if the only difference in an investment is the cost, it is difficult to see how the higher cost share class would be in the best interest of the customer. If there was any remaining doubt about that issue, that should resolve it." MORE >> |
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