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Friday, February 20, 2015

Your Practice-Advisers tout 'fiduciary' label to stand out from crowd

Financial advisers looking to show they have their clients' best interests at heart are paying to certify that they adhere to a "fiduciary" standard that regulators have been debating for years. The U.S. Securities and Exchange Commission has been mulling a requirement that all advisers be fiduciaries, which would require Wall Street brokers to put clients' interests ahead of their own in every recommendation.



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