Yes, you read that right! Brokers' concern: they may be forced to assume a fiduciary duty to their clients under new US Department of Labor rules. The government believes that brokers who have a conflict of interest should disclose that fact to their clients. Brokers feel differently. Complete details are found at the following link:
http://www.fa-mag.com/fa-news/8047-firms-may-drop-millions-of-ira-savers-on-rule-change-sifma-says-.html
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