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GAAP.RUNewsFinancial Planners Push to Extend Fiduciary Standard

Financial Planners Push to Extend Fiduciary Standard

Publication date: 1 September 2010

The Financial Planning Coalition has asked the Securities and Exchange Commission to extend the fiduciary standard of care to broker-dealers and other financial professionals who provide personalized investment advice to retail customers.

The Financial Planning Coalition has asked the Securities and Exchange Commission (SEC) to extend the fiduciary standard of care to broker-dealers and other financial professionals who provide personalized investment advice to retail customers.