Fiduciary Standard for Financial Professionals
Fiduciary Standard for Financial Professionals
Started
April 7, 2011
Petition to
Petition Closed
Why this petition matters
Started by Financial Planning Coalition
We, the Financial Planning Coalition, are asking financial planners to sign this petition urging prompt action from the Securities and Exchange Commission to move forward with extending the fiduciary standard of care. This will ensure broker-dealers, who provide retail investment advice, are required to put clients’ best interests first by adhering to a fiduciary standard of care. The Coalition stresses the importance of establishing a strong and uniform fiduciary standard of care for the delivery of investment advice. We believe that requiring more financial professionals to adhere to the fiduciary standard of care will help reduce consumer confusion about which financial professionals are subject to which standards.
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