Fiduciary backers seek ‘highest legal standard’ in Form CRS disclosures
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The Institute for the Fiduciary Standard on Tuesday proposed a redesigned customer relationship disclosure, known as Form CRS, that provides a side-by-side comparison of advisers and brokers.
Fiduciary advocates are pushing the Securities and Exchange Commission to overhaul a document that is intended to help investors select a financial adviser because they say it doesn't clarify the differences between investment advisers and brokers.
The Institute for the Fiduciary Standard on Tues
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