SEC presses on with fiduciary rule for advisors, brokers

10/9/2013 | Reuters

Adopting a uniform fiduciary rule for investment advisors and retail stockbrokers is a "major focus" for the Securities and Exchange Commission, Chairman Mary Jo White says. "I can't predict timewise when we actually reach it, but it's obviously something very important to both work on and resolve where we're going on it," she said.

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