The concept of extending the fiduciary standard to broker-dealers is currently being evaluated by the Securities and Exchange Commission and the Department of Labor.
Estimated reading time: 0 minutes, 20 seconds
Debate Rages Over Fiduciary Standard’s Impact on Middle Class
Some opponents of extending fiduciary standards to broker-dealers say the additional regulation and its associated costs would cause advisors to abandon middle-income clients. Other intermediaries have too much at stake to walk away from the market segment, Reuters reports.
Most Read
-
-
Feb 21 2011
-
Written by Administrator
Add us to your Safe Sender list: We want to…
-
-
-
Nov 07 2012
-
Written by Administrator
Progressive Media Group Subscription Agreement This agreement states the general…
-
-
-
Mar 09 2013
-
Written by Staff Writer
While market bulls are understandably cheering the ongoing equity rally…
-
-
-
Nov 07 2012
-
Written by Administrator
Welcome We’re glad you chose to visit a Progressive Media…
-