Trade groups step up fight against bill they say threatens independent advisers
![trade](https://s32566.pcdn.co/wp-content/uploads/2021/07/capitolHill-3-951x634.jpg.optimal.jpg)
Opponents contend the measure, known as the PRO Act, could negate independent-contractor agreements between advisers and financial firms.
Trade associations representing financial advisers are stepping up their campaign to defeat a bill that could force independent broker-dealers, financial advisers and insurance sales professionals to become employees of the financial firms with which they're affiliated.
Prior to a Senate hearing
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