Thursday, September 02 2010
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Insurance Market
Big I to SEC: Universal Fiduciary Standard 'Unwarranted,' Would Hurt Customers
Publication Date: 09/01/2010
Source: BestWire Services
The U.S. Securities and Exchange Commission, which has now closed its period of public comment on a universal fiduciary standard for broker-dealers, received a lengthy letter of opposition from the largest group of independent U.S. insurance agents.
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