In the Margins

Could FINRA step in with its own fiduciary rule?

December 2, 2016

By Barron's

Should the Trump administration succeed in repealing the Department of Labor's fiduciary rule and the SEC not pursue a version of its own, FINRA could still step in to impose its own rule, since it is free from pressure from the president. And while FINRA was against the DoL’s fiduciary rule, it did not reject the idea altogether; rather it objected to specific aspects of it. Read the original story from Barron's

 

 

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