Lawmakers might drop broker-dealer fiduciary standard from bill

Christopher Dodd, chairman of the Senate banking committee, is striving to unveil legislation to overhaul the financial regulatory system, but the bill might no longer include a measure to require that broker-dealers be held to a fiduciary standard. Members of the Senate panel continue to debate several issues in the legislation, and sources said a final decision on the fiduciary standard has not been made.

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