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‘Best interests’ and ‘fiduciary’ aren’t the same, so which will the SEC choose?

Investment News

It could become a flash point that goes beyond semantics.

We're now into the second quarter of the year, and everyone involved in the debate over investment advice standards is eagerly awaiting the Securities and Exchange Commission's fiduciary rule proposal.

Oops. Like Britney Spears, I did it again. I referred to the pending SEC rule using the term "fid

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