In the wake of the Goldman Sachs fraud case, a number of senators, Republican and Democrat, are scrambling to get on the fiduciary bandwagon. A flurry of amendments have been, or will be, introduced that would apply the fiduciary standard more widely, even to broker/dealers. RR Editor-in-Chief David A. Geracioti talks to Reuters Insider on what this means for the industry and individual FAs.
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