Quote:
Originally Posted by StefanG
this is explains the fiduciary duty perfectly - and the way eliminating that will give you no option anymore not to get fucked
"Under the rule, advisers would have to act solely for the benefit of their clients. But industry critics argue it would be costly and burdensome to implement."
and why?
yeah, it would be costly to act solely for the benefit of their clients. right.
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the total lack of understanding of history and economics required for peeps to celebrate these EOs is really frustrating