Senators Dodd and Johnson May Offer Compromise on Fiduciary Duty
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Jun 16, 2010 10:13 pm
That comes as something of a surprise....perhaps they will recommend a study but give the SEC rulemaking authority after all...
Correct me if I'm wrong, but the SEC would pretty much uphold the status quo.
Most any sales person will able to call themself a financial advisor, and the public will remain "confused".
Regulation at its best.