 A fiduciary-lite compromise might take hold, but it would probably take a worse and longer-lasting crisis than we saw in 2008 to force it through."
Tom Coyle, Financial Advisor IQ
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Fiduciary Reform Could Come at a Heavy Cost
Tom Coyle | Financial Advisor IQ, August 2014
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Summary: In Bob Veres’ latest column in Financial Planning, he says any move to force brokerage representatives to adopt the strict client-first standard of RIA advisors risks getting crushed or watered down by brokerage-backed lobbyists.
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