The threat posed by state fiduciary rules
Businessman stress, ripping up rule word on paper
A state-by-state approach to fiduciary standards would create a confusing and counterproductive regulatory patchwork that would impede advisers' ability to provide guidance.
With Regulation Best Interest finalized and moving toward implementation, independent financial firms and advisers are coming together to make the new rule's common standard of care a reality. Although many questions remain, the Financial Services Institute is pleased that our profession has embrace
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