SIFMA: State-level fiduciary rules would confuse investors
October 10, 2017 by Mark Schoeff Jr.
A major financial industry trade association is warning today that state-level fiduciary duty laws would confuse investors and financial advisers rather than deliver the protections envisioned by the measures.
In testimony today in Las Vegas, Lisa Bleier, managing director of public policy and advocacy for the Securities Industry and Financial Markets Association, plans to tell the Nevada secretary of state that the organization opposes Nevada’s newly enacted fiduciary law.
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Originally Posted at InvestmentNews on October 6, 2017 by Mark Schoeff Jr..
Categories: Industry Articles