Posts Tagged
fiduciary
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Bloomberg Business: The Real Reason Brokers Oppose a Fiduciary Standard: Paula Dwyer
Copyright 2015 Bloomberg. NKFIO26S972J (Bloomberg View) — Wall Street is wasting no time revving up its lobbying machine now that President Barack Obama has said his administration soon will propose a rule to require brokers to act as fiduciaries when advising clients on their retirement savings. Asking brokers to put clients’