Yet, the vow to continue working on the project doesn’t mean that it will be resolved this year.
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Steve Luparello, director of the Securities and Exchange Commission’s Division of Trading and Markets, says the regulator will continue working on a proposal to impose a fiduciary standard on brokers until the matter is resolved. So reports ThinkAdvisor.
Yet, the vow to continue working on the project doesn’t mean that it will be resolved this year.