Financial-reform bill includes study of fiduciary standard:

Congressional negotiators working on the financial-reform bill came to a last-minute compromise on a fiduciary standard that requires a six-month study by the Securities and Exchange Commission. "It makes the standard of care for clients more consistent," said FPA President Tom Potts. "This will help restore confidence to the public and will ultimately be very positive for advisers."

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InvestmentNews (free registration) · · National Underwriter Life & Health

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