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Investor Advocates Call for Delay of Regulation Best Interest

The Financial Planning Coalition and other investor advocates are asking the Securities and Exchange Commission to delay going forward with the Regulation Best Interest because of confusion regarding the differences between brokers and registered advisors. So reports Wealth Management.

The groups want the regulator to revise and retest disclosure intended to help investors understand the differences between the two types of financial professionals.

Read the full article from Wealth Management.

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